As I’m sure you’ve figured out by now, not everything is equal in the stock market…
Some people have more buying power, some people have more time to spend combing through lists of stocks, and some people have access to the most hidden and powerful information.
And when someone with powerful information bets $1 million of their own money on something, I simply can’t ignore it.
With the New Year upon us, everyone is looking for an edge to propel them into a great year of investing.
And some have an advantage when doing so; it’s just a fact.
That’s why I sit back and let those who have powerful information show me which investments could be the big winners.
So who has the most powerful information?
It’s the company CEO, or president, or director, etc. Those people have access to the vital information—like earnings reports, drug trial performances, etc.—before virtually everyone else.
Most importantly, they get that info before the public does, so they have the ability to capitalize on that information by trading stock in their company if they choose to.
So I’m always intrigued when a high-ranking officer bets a lot of money on his or her company’s stock…
Imagine my interest when I discovered that 9 insiders of Heico Corp. (HEI) sunk more than $1 million into their company’s stock collectively!
And even more curious is the fact that they all made those trades one the same day—December 19—which is right around the same time that news was released that HEI beat 4th quarter profits forecasts.
Since that date, HEI jumped from a price of approximately $58 to $62.
Can we expect that climb to continue thanks to whatever inside information the HEI insiders clearly received?
Possibly.
But either way, I’ll be using the skills taught in Stock Code Breaker to make any trade regarding HEI.
