You don’t always have to know all the ins and outs of the market to trade like the pros.
Sometimes you can get by just fine by simply copying their same moves. And what better lead to follow than the investors backing the very company they’re a part of?
Here’s one of these insider trades that I recently picked up on that could’ve almost DOUBLED your investment overnight!
From the time the market closed on December 12th to when it reopened on the 13th, Carmanah Technologies (CMH.TO) managed to increase as much as 80%, pushing stock prices from $3.40 to $6.13 a share.
If you look to the right of the chart below, you’ll notice that this surge came out of nowhere.
For months, CMH.TO shares were stuck in a downtrend and then in a matter of hours things changed and the tables took a turn for the better.
Seeing that this profit came and went so fast, what warning signs could you have picked up on that would’ve prepared you for this turnaround?
One clue that would’ve somewhat readied you for the climb Carmanah Technologies took is officer Even Brown’s purchase of 13,500 shares for $78,202.
Usually, when a higher-up working behind the scenes makes a massive buy-in like this it means that he or she is on to something. It spells inside info that’s almost guaranteed to drive stock prices up.
And in terms of CMH.TO, this is exactly what happened.
Shortly after the officer of the company loaded up on shares, Carmanah Technologies stock rose significantly.
As I mentioned before, you don’t always have to know all the ins and outs of the market to pull profits like the pros.
In this case, just following in the footsteps of insider Evan Brown would’ve close to DOUBLED your money!
Keep that in mind as you move forward with your stock market trades and try to spot these increases before they take place.
On a separate note, if you’re more interested in learning how to beat the market yourself instead of piggybacking on these so-called insiders, then I invite you to attend the upcoming Annual Wealth Summit.
This weekend, get ready to receive some of the most well-kept secrets for making money from the stock market.
Even if you have absolutely no experience whatsoever, we’ll start you out from square one and show you step-by-step how to turn your Wall Street investments into a moneymaking machine.
It doesn’t end there though…
The seminar will also cover topics ranging from goal setting to mining cryptocurrency. Not to mention all the added bonuses that come included with your ticket.
