Insider securities purchasers have been one of the close to 1,600 investment strategies, along with their advantages and disadvantages, that I have studied over the past several decades.
This is where top executives or the companies buy their own securities in the open market. It’s supposed to be a bullish sign for outsiders to do the same. After all, the insiders must know what they’re doing.
In real life, corporate execs buying more stock may mean little, if they’re exercising stock options or getting too close to the forest to see the trees.
As for corporate buy-backs of company stock, this is often done to boost stock values and the cost per share has often proved relatively high. ( See the Earl J Weinreb NewsHole® comments.)
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