Filed under: Insiders, Stocks to Buy
If you are looking for clues telling you which stocks have a good chance of increasing in value, you might want consider watching what insiders are doing. After all, talk is cheap, but when insiders put their own money on the line, you should sit up and take note.
Trius Therapeutics Inc (TSRX) topped the insider-buying charts for the week ending July 9th as insiders snapped up 3,001,859 shares of company stock at a market value of $15,009,295. During the past six months, insiders have increased their overall holdings in the company by 354.34% and now own 57.55% of TSRX stock.
Medicines Co (MDCO) was not far behind, with insiders buying 667,040 shares at a market value of $8,037,832. Insiders now own 1.43% of the company's stock after decreasing their overall holdings by -4.17% during the past six months.
Continue reading Insiders Snapping Up Trius Therapeutics, Medicines Co and More
Insiders Snapping Up Trius Therapeutics, Medicines Co and More originally appeared on BloggingStocks on Mon, 16 Aug 2010 14:40:00 EST. Please see our terms for use of feeds.
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