Originally posted on reddit, https://www.reddit.com/r/InsiderTradingAlerts/
Hi everyone,
taking a look at the alerts for today, we saw that closing average was negative for these stocks as circled:
So over these previous trades these stocks have not done well, especially ZBIO. We see that there are no previous transactions for SYNA – which is good because insider buying will be an entirely new factor for this stock. (Not as good as a proven track record, but still much better than the algo literally telling us that these stocks have historically been bad).
Sure enough, this was SYNA today:
And what happened to ZBIO?
Note that from a 7.72 open that is about a 7% decrease to close- EXACTLY THE HISTORICAL AVERAGE OF WHAT HAPPENS! (CLOSE RETURN AVERAGE IN PICTURE 1)
This is a great example of using the alerts the way they were intended. I give you all this data, it’s for you to really see these significant insider trades, and then one step beyond – you have that historical edge.
Signing up on insidertradingalerts.ai gets you this (free trial, no commitment), but also don’t forget, there’s all the additional data.
I can see things like this:
All of the previous trades and what happened, even what happened with SPY so you can see if it was just luck of the market being up. For ZBIO we can see that the large increase in premarket correlated highly with dropping out of open, exactly what happened.
Hope this helps!