Insider buying can be an encouraging signal for potential investors.A red-hot cult stock saw a beneficial owner adding to its stake this week.Some insiders were making purchases in the wake of earnings reports.Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit. So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty.Insiders continued to add shares despite overall market volatility and global economic gloom. Here are some of the most noteworthy insider purchases …read more
Source:: Yahoo Finance
