Why insider trading matters?

Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.

- Peter Lynch
Marijuana Co of America, Inc. (MCOA)
Sector: Healthcare; Industry: Drug Manufacturers—Specialty & Generic

Marijuana Company of America, Inc., through its subsidiaries, engages in the product research and development of hemp-derived consumer products under the hempSMART brand name in the United States and internationally. The company's hempSMART products include hempSMART Brain, a patented formula that combines hemp-derived cannabidiol (CBD) for brain; hempSMART Pain capsules for relief of minor discomfort with physical activity; hempSMART Pain Cream for muscle relief; hempSMART Drops, hemp CBD oil tincture drops; hempSMART Pet Drops for cats and dogs; and hempSMART Face, a facial moisturizer. Marijuana Company of America, Inc. was incorporated in 1985 and is headquartered in Escondido, California.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2018-09-25 Larsen Charles John 10%-Owner, Director Sell 950,000 $0.03 $25,650 No
2018-10-02 STEINBERG DONALD J President Sell 1,020,000 $0.03 $26,340 No
2018-09-24 STEINBERG DONALD J President Sell 400,000 $0.03 $11,060 No
2018-09-20 STEINBERG DONALD J President Sell 1,335,000 $0.03 $39,430 No
2018-09-18 Larsen Charles John 10%-Owner, Director Sell 800,000 $0.03 $23,500 No
2018-08-30 Hymers III R. Leslie Resigned CFO/Director 6/18/18 Sell 775,000 $0.03 $25,748 No
2018-08-27 STEINBERG DONALD J President Sell 475,000 $0.03 $15,510 No
2018-08-22 Larsen Charles John 10%-Owner, Director Sell 200,000 $0.03 $5,470 No
2018-08-22 Hymers III R. Leslie Resigned CFO/Director 6/18/18 Sell 200,000 $0.03 $5,480 No
2018-08-20 STEINBERG DONALD J President Sell 325,000 $0.03 $9,025 No
2018-08-14 Larsen Charles John 10%-Owner, Director Sell 120,000 $0.03 $3,372 No
2018-08-09 Larsen Charles John 10%-Owner, Director Sell 400,000 $0.03 $11,400 No
2018-08-14 STEINBERG DONALD J President Sell 500,000 $0.03 $13,970 No
2018-08-08 STEINBERG DONALD J President Sell 1,450,000 $0.03 $42,500 No
2018-08-02 STEINBERG DONALD J President Sell 1,315,000 $0.03 $38,135 No
2018-07-23 STEINBERG DONALD J President Sell 500,000 $0.03 $15,000 No
2018-07-30 Hymers III R. Leslie Resigned CFO/Director 6/18/18 Sell 1,300,000 $0.03 $35,545 No
2018-07-26 Larsen Charles John 10%-Owner, Director Sell 1,050,000 $0.03 $30,400 No
2018-07-25 Hymers III R. Leslie Resigned CFO/Director 6/18/18 Sell 650,000 $0.03 $19,355 No
2018-07-20 Hymers III R. Leslie Resigned CFO/Director 6/18/18 Sell 2,750,000 $0.03 $85,900 No
2018-07-16 Larsen Charles John 10%-Owner, Director Sell 500,000 $0.03 $15,000 No
2018-07-13 Hymers III R. Leslie Resigned CFO/Director 6/18/18 Sell 1,850,000 $0.03 $59,065 No
2018-07-11 STEINBERG DONALD J President Sell 1,000,000 $0.03 $32,000 No
2018-07-11 Larsen Charles John 10%-Owner, Director Sell 1,000,000 $0.03 $31,500 No
2018-06-26 Larsen Charles John 10%-Owner, Director Sell 650,000 $0.04 $27,900 No
2018-07-10 Hymers III R. Leslie Resigned CFO/Director 6/18/18 Sell 3,550,000 $0.03 $117,360 No
2018-07-09 STEINBERG DONALD J President Sell 1,500,000 $0.03 $49,000 No
2018-07-03 STEINBERG DONALD J President Sell 1,650,000 $0.04 $61,800 No
2018-07-03 Hymers III R. Leslie Resigned CFO/Director 6/18/18 Sell 1,050,000 $0.04 $39,880 No
2018-06-29 Hymers III R. Leslie Resigned CFO/Director 6/18/18 Sell 975,000 $0.04 $37,908 No

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.

Insider Smart

PENN NATIONAL GAMING INC (PENN) - PENN took a deep dive from $36 to $5 due to the crash, anyone who was bold enough to pick up some shares in March or April could have made a 900% profit in 2 months. But bottom fishing is always easier said than done, if one took a safer bet and followed multiple insider buying around $18, a 100% profit is still impressive.