Bigger is better—at least it is when we’re tracking the insiders and looking for the best chance to make big money.
And big money often comes from the penny stocks of new companies that manage to make a name for themselves…
That’s why I’m so interested in this BIG play by a penny stock CEO…
As regular readers of this Insiders Exposed column will already know, when we are investigating the insiders we are seeking the biggest plays from the biggest fish.
That’s why I always sit up and pay attention when a CEO decides to sink millions of dollars of his own money into his company’s stock.
- As the CEO, we can expect him to know more about the company than anyone else. That means he knows about any privileged information that may eventually make the price of the stock rise.
- We can assume that the more money he invests in his own company’s stock, the more confident he is that the price will go up.
And the CEO of Great China Mania Holdings, Inc. (GMEC) seems VERY confident…
In recent months, he bought 9 million shares of GMEC at $0.40 per share totaling a value of over $3.5 million!
That’s right—$0.40 per share makes GMEC a penny stock. And its CEO appears to be expecting it to be on the rise very soon.
GMEC operates as an artist management and entertainment company in the Hong Kong, China, and the Asia-Pacific.
And this services company just completed its first marketing and event management project.
For the Bank of Communications, GMEC held a branding campaign in 5 Chinese cities at the same time. By available accounts, the campaign seemed to go well and GMEC was able to enhance its image both domestically and internationally.
For penny stock companies, sometimes one project or innovation is all it takes for them to skyrocket. That’s why picking up on insider purchasing in these companies is so important.
Perhaps GMEC’s CEO had strong insight into the company’s dealings that told him this first project would go very well. Maybe he thought that just completing one project would make the market bullish on his company’s stock.
In any case, we should continue watching GMEC closely. If my indicator’s all signal a buy for GMEC, I will be happy to follow this CEO to profits. But it’s all about WHEN to make the purchase.
If you want this done for you with penny stocks that have heavy insider buying, check out my Penny Stock Insider newsletter.
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