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ASTC - Tons Of Insider Buying Lately - Is That A Bullish Indicator? You Might Be Surprised
Astrotech Corporation
Peter Lynch is one of the most successful investors of all time, and probably my favorite. He ran the Magellan Fund at Fidelity, and for thirteen years his average annual return was a thrilling 29.2%. He is often quoted as saying that "There are many reasons insiders sell, but only one reason insiders buy: they think the price will rise." This quote has been repeated so much it is a platitude in my opinion. Most investors interpret it to mean that insider buys are always a good thing, a likely sign that the stock is