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AMRX - Amneal Pharmaceuticals: Insiders Continue To Buy As The Stock Price Slides
Amneal Pharmaceuticals Inc. Class A
In July, I wrote an article on Amneal Pharmaceuticals, Inc. (AMRX) relating to the strong insider buying and how that could be seen as a positive catalyst. While insider buying is generally a good sign, there is no foolproof way to making money on the market. AMRX is a great example of this, as the stock price has slid by about a third since June. Even at that time, the stock price had already been cut in half compared to when insiders had purchased shares just two months prior in May. Despite further