Insider Buys on These Three Stocks Support A Different Narrative (June 13)
It's been years since CEOs at these three companies have bought their stocks. They're doing so after sizable rebounds off 2022 lows. Should you do the same?
An independent and profitable state of mind.
download the pdf or simply keep reading below.
Tuesday, June 13, 2023
Dear Old Friend,
I told you not to trust them. Goldman Sachs (GS) rug-pulled energy traders Monday by cutting its year-end oil price forecast.
For two months – and two OPEC production cuts - Goldman projected a pop “into the $90s” due to supply woes. Sellers used short-term pops to dump oil.
Then, just days after its “bullish” commentary… Goldman cut its 2023 forecast by 10%.
I told you not to trust them. Don’t trust words from self-interested banks (who could well be on the other side of the trade), trust signals. Trust momentum.
You can put a lot of faith in insider buying numbers, for instance. They don’t lie.
In fact, I like what they’re saying now…
Three Stocks – Three HUGE Bets on a Bottom Buy
I have three charts for you. They’re all related. If you’re “bearish” you must see these. If you’re bullish, same goes.
In the last 24 hours, three interesting insider buying alerts hit m…
Keep reading with a 7-day free trial
Subscribe to Me and the Money Printer to keep reading this post and get 7 days of free access to the full post archives.