As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
On Monday, Mvc Capital Incorporated (NYSE:MVC)'s Chairman, Michael T. Tokarz, made a $131,808 purchase of MVC, buying 10,108 shares at a cost of $13.04 each. Mvc Capital Incorporated is trading down about 1.1% on the day Friday. Before this latest buy, Tokarz made one other buy in the past year, purchasing $33,309 shares for a cost of $12.16 each.
And also on Monday, Director Shannon Pratt purchased $77,679 worth of Paulson Capital Corporation (NASDAQ:PLCC), purchasing 67,000 shares at a cost of $1.16 each. Paulson Capital Corporation is trading off about 7.2% on the day Friday.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
This is the most knowledgable group I've ever been
Launch related slideshow:
Thursday 5/23 Insider Buying Report: MDT, WD
Thursday 5/23 Insider Buying Report: SREV, CYCC
Wednesday 5/22 Insider Buying Report: SBY, CUBI
Daily Wrap: May 23, 2013
Ralph Lauren and Perry Ellis Disappoint
Daily Wrap: May 22, 2013
Analyst Moves: BA, TOL, SPLS
Analyst Moves: STX, HOT, HPQ
Analyst Moves: NTAP, MDC, PXD
Thursday Sector Leaders: Apparel Stores, General Contractors & Builders
Thursday Sector Laggards: Electric Utilities, Agriculture & Farm Products
Wednesday Sector Leaders: Homebuilders, Precious Metals
Thursday's ETF with Unusual Volume: IGV
Thursday's ETF Movers: GGGG, NUCL
EWZ, GGGG: Big ETF Outflows
Daily Dividend Report: TMO, AAP, HAS, AINV, HPQ
Daily Dividend Report: MCD, JCI, CTL, GPS, AVB
Daily Dividend Report: NTAP, ADI, BBY, TAP, CHSP
Initial Jobless Claims Fall
Initial Jobless Claims Jump by 32k
Jobless Claims Fall to Five Year Low
Weekly Market Wrap: May 17, 2013
Weekly Market Wrap: May 10, 2013
Weekly Market Wrap: May 3, 2013
Week Ahead Market Report: May 13, 2013
Week Ahead Market Report: May 6, 2013
Week Ahead Market Report: April 29, 2013