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A Newbie Web Site Question

post #1 of 5
Thread Starter 
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
post #2 of 5
Thread Starter 
Oops!

I left out an important part of the quote.

The full quote should be as follows:

"When I am looking for a penny stock to purchase, I ususally follow the inside activity and buying OF THE CFO as opposed to the other company officers' activities. After all, what officer would know more about the company's financial affairs than the CFO?"

I used caps to show the phrase that I ommitted.

Sorry. I was not fully awake yet.

Thanks.

Munch
post #3 of 5
Hey Munch,
check out www.insidercow.com to find insider buys/sells.
I find it to be a valuable tool.
post #4 of 5
Thread Starter 
Quote:
Originally Posted by mrweekend
Hey Munch,
check out www.insidercow.com to find insider buys/sells.
I find it to be a valuable tool.
_____

Hello MrWeekend,

Thanks a million!

I have bookmarked it, and I know I will be using it very often.

Thanks again!

Munch
post #5 of 5
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