Hello,
I recently read the following advice from a penny stock investor who posts on another web site:
"When I am looking for a penny stock to purchase, I ususally follow the inside activity and buying as opposed to the other company officers' activities. After all, what officer would know more about the company's financial affairs than the CFO?"
Actually, I have two questions.
First, what is your opinion of this advice?
Second, isn't there a web site someplace where you can type in the ticker symbol of any given stock and check up on whether the CFO and the company's other officers are buying their own stock?
If you know of such a site, can somebody list it?
Thanks in advance. This would be one more tool I can use to help me perform my own due diligence.
Munch
I recently read the following advice from a penny stock investor who posts on another web site:
"When I am looking for a penny stock to purchase, I ususally follow the inside activity and buying as opposed to the other company officers' activities. After all, what officer would know more about the company's financial affairs than the CFO?"
Actually, I have two questions.
First, what is your opinion of this advice?
Second, isn't there a web site someplace where you can type in the ticker symbol of any given stock and check up on whether the CFO and the company's other officers are buying their own stock?
If you know of such a site, can somebody list it?
Thanks in advance. This would be one more tool I can use to help me perform my own due diligence.
Munch


