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One investment rule that we've talked about over and over in Private Briefing is this: On a beaten-down stock, there's nothing more bullish than insider buying.
It's almost like these corporate insiders are casting a "vote" that elects their stock as a future winner.
By "insiders," I'm talking about high-level executives (like CEOs and CFOs), or corporate officers (like corporate vice presidents and treasurers, for instance). And in this day and age - thanks to plentiful (and often-overly generous) stock-option-award systems, restricted stock grants, and all sorts of other stock-related bonus plans - corporate insiders are well-invested in the companies they work for.
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