One indicator of where a company’s stock might be going in the future can be understood by what insiders may be thinking of the Company’s current stock price and near-term future outlook. Insiders are considered C-Suite Executives, a member of the Board of Directors, and anyone (person or company) that owns over >10.0% of a Company’s outstanding shares.
When Insiders are buying, that is a possible clue about what the people who know the company the best are feeling about the price today versus the future news flow or operating performance over the next couple of quarters. Cheap Stock prices and Exciting News sometimes equal Insider Buying.
Insider Buying at Blue Star Foods Corp. (NASDAQ:BSFC)