Money Buzz 06/03
Getting your hands on insider trading data; the benefits of medical savings accounts
Inside Scoop
In today's volatile market, who doesn't want an insidetrack to stock-price gains? Now, investors have a better shot atgetting one. While insiders once took as long as 30 days to maketrades public, the average is now closer to 10 days, which meansinvestors can keep tabs on when corporate execs and directors startdumping or gaining stock and get in on the action early enough tobenefit from the inside scoop.
But the method isn't foolproof, says Jonathan Moreland,author of Profit From Legal Insider Trading: Invest Today onTomorrow's News (Dearborn Financial Publishing) and thedirector of investment research newsletterInsiderInsights.com. "Insider trading data is anexcellent first screen for investors, but people have to doresearch," he says. "For example, look for severalinsiders increasing their holdings rather than a single purchase bya CEO cheerleading his own firm."
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