With all the negative headlines lately, it’s no wonder insiders are getting jumpy.
Lucky for us, their concerns for their overflowing fortunes have made it easy for me to follow their money trail to the source, and I think I’ve found one of their treasure troves.
In light of recent market shifts, insider movements have increased, with those in the know buying and selling shares like crazy.
This week, there’s one company in particular that I have my eye on though, and it’s one that can spell big fortunes for you.
The company in question may not look like a lot at first glance. It saw a rough patch about four years back and saw somewhat modest returns in 2016.
But, from 2017 today, it’s a different story. In the last 3 years, the stock has gained 79%, and it managed to come out of the market-wide December 2018 drop completely unscathed.
How?
Because the insiders have been manipulating this company to make sure they get their pay out, no matter what.
And with the rest of the market shaking this year, it’s no surprise that the insiders have leaned on their sure-thing even more over the past few months, causing the stock to jump 48% just since the start of 2019.
If that stat isn’t enough to convince you that this company is a shoo-in for profits, maybe my intel on insider movements will.
First of all, let me go ahead and tell you about this company. It’s called TerraForm Power Inc.(TERP), and it specializes in buying up wind and solar assets all over North America.
The company went public in 2014, and immediately saw huge gains in the market. However, in mid-2015, shares plummeted, causing investors to jump ship.
But, shortly after, several big inside investors stepped in to buy up chunks of the stock, bringing it back into play for profits. Ever since, this company has been steadily gaining ground, and now it’s starting to surge.
And, in response to the newfound strength of this company’s stock, insiders are stepping out of the shadows. One powerful insider, Brookfield Asset Management, has shown its hand by purchasing over 2.98 million shares last week!
The asset management group is a 10% owner in the company, which is a sure sign that they know what’s happening behind the scenes, and their throwing in their bets.
Overall, the management group now owns 32.86 million shares in TerraForm Power!
Their most recent share acquisition cost them a whopping $50 million, but it’s sure to make them even more.
And, even better, it can make YOU money too.
For an investor at the start of 2017, shares would have cost a mere $9.21 a piece, and today they would be worth $16.66 a piece!
Talk about a return on your investment.
For $9,210 invested in 2017, you would have seen a return of $7,275, plus your original investment.
That means for NO effort, you could have almost DOUBLED your money between 2017 and today!
The insiders seem to think there are more profits to be had from this stock in the future, so don’t miss your chance!
