11 Dec Have Insiders Been Buying iMining Blockchain and Cryptocurrency Inc. (CVE:IMIN) Shares? …
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We often see insiders buying up shares in companies that perform well over the long term.
On the other hand, we’d be remiss not to mention that insider sales have been known to precede tough periods for a business.
So before you buy or sell iMining Blockchain and Cryptocurrency Inc. (CVE:IMIN), you may well want to know whether insiders have been buying or selling.
What Is Insider Buying?
Most investors know that it is quite permissible for company leaders, such as directors of the board, to buy and sell stock on the market.
However, rules govern insider transactions, and certain disclosures are required.
We don’t think shareholders should simply follow insider transactions.
But equally, we would consider it foolish to ignore insider transactions altogether.
For example, a Colombia University study found that ‘insiders are more likely to engage in open market purchases of their own company’s stock when the firm is about to reveal new agreements with customers and…
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