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So i plotted insider trading buys and sells from my data base over at insidertradingalerts.com for $UAMY. What do I find but BLATANT and AMAZING insider trading! this stock lies dormant for years, and suddenly it takes off. Who had faith but the insider traders, snapping up over a million dollars of shares before the jump. So what’s the verdict now? why am I telling you this and flaunting someone else’s 700x gains? Well because here we track corproate insider trading, and these corporate insiders have to file their trades, which gives us a huge leg up on their moves. Not only that, they have a 48 hours deadline to file – wayyyyy better than politicians. Now just last night, another UAMY buy comes through on the alerts email, which you can sign up for btw, go do it, im a sellout. so this is just a small part of the alerts, but it’s a nightly shortened version for you to view for trades the next day. What stuck out to me here, was we can see UAMY has a high return average of 6%. meaning, that over the 12 previous trades (which you can go view on the site) UAMY returned an AVERAGE of 6% from open to high. These are great numbers, and while past performance doesn’t predict future results, it’s very helpful in guiding decisions. Now on the latest buy, the insider bought at 6.13 – so they are up nicely, but still buying at higher price points than ever before. I think this has some room to run, but we will see how it does tomorrow after a 25% rise today. Go make some money out there -Konrad submitted by /u/RelevantAside_ |
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