Saturday, June 30, 2007

This Weeks Insider Buys

Here are the largest insiders buys for the past week. As Peter Lynch once said "There are multiple reasons insiders sell shares but there is only one reason they buy, they think the stock price is going up".


Company and aggregate dollar amount of insider purchases:


1- Biofuel Energy (BIOF) = $45,000,000

2- Franklin Bankcorp (FBTX) = $4,000,000

3- Chesapeake Energy Corp (CHK) =$3,500,000

4- Micromet Inc (MITI) =$2,400,000

5- Occulogix Inc. (OCCX) =$2,000,000

3 comments:

David said...

Hi Todd,
Where is a good source (website) for collecting together recent insider buys?

Todd Sullivan said...

david,

i am unaware of any free site that track them (other than here) but i do know the WSJ tracks them, i think barrons does, but i am not sure and there are a host of other pay sites...

just google "insider stock buying" and there will be a host of choices..

or,,, check back here each week

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