Many day traders focus on penny stocks because of the high price fluctuations throughout the day. Company insiders such as the CEO, CFO and Directors in penny stock companies may be involved in trading their own company shares. If penny stock insiders had already bought shares before a company stock price rallies, it is worth paying close attention to the insider's next action.
PSI reports on the following:
General Electric (NYSE: GE): Insiders received option payment, but no sales observed
Ranked top 10 most traded company in NYSE every day for the past 2 weeks
Insider Trade Signals: 9 management executives received option payments in September 2011 including: Vice Chairman - Michael A. Neal, John G. Rice, Jamie S. Miller.
All 9 insiders received option payments but maintained their holding
positions. The GE stock price is near the YTD low, but insiders are
increasing their holding positions. Are insiders waiting for a short
term stock price rebound?
Read Full Report: http://www.pennystocksinsiders.com/PR/091911T/GE/GeneralElectic.pdf