Why insider trading matters?

When insiders buy shares on the open market, this can thus be regarded as a strong endorsement by those that know the company the best -- they are literally betting their own money on the company's future. Insider selling, however, is not necessarily meaningful in any way, as there is a range of reasons for insiders to liquidate (some) of the shares they own.

- Seeking Alpha
IDEANOMICS, INC. (IDEX)
Sector: Technology; Industry: Software—Application

Ideanomics, Inc. focuses on monetizing the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and Fintech products. Its Mobile Energy Global division provides financial services and incentives for commercial fleet operators, including group purchasing discounts and battery buy-back programs. The company was founded in 2004 and is headquartered in New York, New York with office in Beijing, China.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2008-01-11 NG CLIVE Chairman and Director Sell 7,017,814 $0.01 $70,178 No
2007-07-12 NG CLIVE Chairman of the Board, Pres. Sell 471,552 $1.05 $495,130 No

Insider Smart

Edesa Biotech, Inc. (EDSA) - President and CEO bought shares of EDSA in late May around $3, two weeks after their purchase, the stock jump to $9, very well timed buy.

Insider Smart

CEDAR FAIR L.P. (FUN) - Another crash victim, Cedar Fair L.P. took a deep dive from $54 to $13, insiders were confidence and eagerly jumped in around $27. With insiders on your side, this would be an easy add and hold to get your cost under $20. Stock is about to breach $40 in the coming weeks.