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
Switchback Energy Acquisition Corp (SBE)
Sector: Financial Services; Industry: Shell Companies

Switchback Energy Acquisition Corporation does not have significant operations. It intends to identify and acquire companies through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combinations.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-07-19 Burghardt Christopher Managing Director, Europe Sell 85,000 $23.50 $1,997,500 No
2021-06-23 Burghardt Christopher Managing Director, Europe Sell 5,015 $32.22 $161,592 No

Insider Smart

Delta Airlines (DAL) - From an insider's perspective: airlines are the first ones to go under due to the pandemic. A lot of concerns were raised on possible bankruptcy especially amid by the dump from Buffett. However, insiders of Delta were bold enough to buy when Buffett was fear. And Delta is the only airline bought by insiders post-Buffett-dump.

Insider Smart

MGM Resorts International (MGM) - If we were to pick one of the easy trade from the crash, it has to be MGM, checkout the impressive insider buying after crash. Do you really need more confidence to pull the trigger? That's the mental edge you need to work against fear.