$19,321,899! That’s how much money was pumped into Amyris, Inc. (AMRS) last week.
You’d think that EIGHT FIGURES worth of shares would’ve been the result of countless investors buying into the company, but that’s not the case…
Every last penny of this recent transaction came from John Doerr, the current director of Amyris.
It’s insider trading at its finest and in retrospect, putting that kind of cash on the line makes perfect sense for someone who’s got a solid stake in the company.
Since these funds found their way into the stock market, AMRS shares have SKYROCKETED!
So now that the cat is out of the bag, here’s what this kind of insider trading means for investors like yourself.
First off, if you were lucky enough to own a piece of Amyris, Inc. prior to this increase, then you could’ve multiplied your profits almost two and a half times over!
That’s because on Friday, April 12th AMRS shares were sitting at an intraday low of $2.22, but less than a week later they hit $5.13.
Thanks to Mr. Doerr, shareholders received roughly 132% in market gains.
That might not mean much to you at first glance, but owning 1,000 shares of AMRS at $2 and change would’ve added an extra $2,910 to your bank account once everything was said and done with.
In other words, you would’ve came out with more money than you originally started with!
Another way to wrap your head around the profits behind this insider activity is to take a look at the chart.
Considering the fact that this trade was executed at the end of the day on the 15th, AMRS stock values have done nothing but climb higher since!
You can literally trace this uptrend via the green shaded area in the chart.
Following these increases after the fact doesn’t get more simple than that, but spotting them beforehand is a completely different story.
It’s sometimes difficult to pinpoint exactly why these particular buys and sells take place, but if the goal was to pump up the AMRS price tag, then it seems to have worked out in the company’s favor.
Close to $20 million was dumped into circulation, so it shouldn’t come as a huge surprise why share values DOUBLED and then some.
The important thing to note is behind the scenes trades like this happen all the time.
And if you’re lucky enough to catch wind of them soon after they take place, it could mean some easy money on your end.
The insiders are sneaky though and more times than not you’ll be late to the party when it comes to profiting off these trades.
But we’re here to keep you as updated as possible and fill you in on this kind of insider activity as soon as it surfaces.
So go ahead and prepare to earn some fast cash the next time the insiders are at it.
