Insider Buying on TSX Venture Hits All-Time Record
INK Research provides the Canadian Insider Alert (CIA) Interactive service, which is built on the legally reported buying and selling of Canadian public company executives and institutional investors.
It was reported on Wednesday, May 1st, that the 30-day Venture indicator is at 1,229% after reaching a record high on Monday of 1,305%.
What that means, is for every stock with insider selling, there are more than 10 stocks with key insider buying.
According to Mr. Ted Dixon, the CEO of INK Research, The INK Gold Stock Indicator - which tracks insider buying on all Canadian-listed gold stocks and is heavily influenced by junior miners, has now surpassed its March high and is over 1,000%.
He also added that such a high level of buying interest among officers and directors within their own businesses in the resource sector has correctly foreshadowed a recovery in share prices in the past. Click here for the full story.
All the best with your investments,
Inca.