Discovering Top Penny Stocks



Some investors love taking on the challenging of finding the top penny stocks and after all, who can blame them? Top penny stocks are hard to find at the best of times and with the economy and markets the way they are now, this task has become even more difficult. However, it is far from impossible to find top penny stocks if you know where to look.

Top Penny Stocks Hidden in Plain Sight



One of the best sources for top penny stocks is one place where most people never consider looking. This is insider trading data. Insiders are the executives and directors of publicly-traded companies that have information and knowledge that could influence their company’s stock price. While insiders at small cap companies are not always required to file their insider trading activity with the SEC the way that their blue-chip counterparts are, many of them still do. This is great news for savvy investors looking to cash in on top penny stocks.

While not every insider trade is significant, some of them are very significant. Insiders may sell off shares for any number of reasons including wanting to diversify their portfolio or raising some quick cash to pay for a condo in which to hide a lover. Insider sells made by individual investors can be difficult to decipher but fortunately, there are other signs to look for that are strong signals.

Top Penny Stocks Sell Signals



When searching for top penny stocks you might discover that a group of insiders at the same company were all selling their shares at the same time. It isn’t likely that all of them were buying condos to house lovers at the same time (that would just be weird) so it is more likely that this group believes that the price of the shares are headed downward and wanted to unload some shares before that happens. In this case, if you already owned the stock you might want to consider getting rid of it as well. If you were thinking of buying this company’s shares you might be better off finding top penny stocks elsewhere.

Top Penny Stocks Buy Signals



As another example, if you were looking for top penny stocks and you found a company in which many of the insiders were buying up company shares as quickly as they could you’ll definitely want to take a closer look at it. Insiders sell for any number of reasons but they only buy for one. They believe that the price of the stock is going to go up.

To summarize, when looking for top penny stocks you must pay close attention to insider trading data. If it is available it could be much more valuable than any other source of investing tips.



Source:
insiderslab.com
http://www.insiderslab.com/media/mediaRoom.php

Reported on Aug 26, 2011

 
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Today's Notable Trades


CATERPILLAR INC (CAT)
Senior Officer (Executive Vice President): BUDA JAMES B

Acquired 48,144 Common Stock (Non-Derivative security at $73.200) on Jul 29, 2014. Direct holding 84,931 shares/units after transaction. Holdings increased 130.87%.
Filing date: Jul 31, 2014. Record updated at 13:11:33.
 
Aegerion Pharmaceuticals, Inc. (AEGR)
First-Class Insider (Chief Executive Officer): Beer Marc D

Acquired 7,700 Common Stock (Non-Derivative security at $33.440) on Jul 31, 2014. Direct holding 77,100 shares/units after transaction. Holdings increased 11.10%.
Filing date: Jul 31, 2014. Record updated at 13:07:32.
 
AMERICAN EXPRESS CO (AXP)
Senior Officer (President US Consumer Services): Silverman Josh

Sold 10,887 Common Stock (Non-Derivative security at $91.710) on Jul 29, 2014. Direct holding 16,150 shares/units after transaction. Holdings decreased -40.27%.
Filing date: Jul 31, 2014. Record updated at 13:03:48.
 
ROCKWELL COLLINS INC (COL)
First-Class Insider (CEO & President): Ortberg Robert Kelly

Acquired 6,160 Common Stock (Non-Derivative security at $36.550) on Jul 29, 2014. Direct holding 54,399 shares/units after transaction. Holdings increased 12.77%.
Filing date: Jul 31, 2014. Record updated at 13:03:31.
 
Genie Energy Ltd. (GNE)
First-Class Insider (Chairman of the Board & CEO): JONAS HOWARD S

Acquired 3,466,275 Class B Common Stock, par value $.01 per share (Non-Derivative security at $6.820) on Jul 30, 2014. Direct holding 5,108,413 shares/units after transaction. Holdings increased 211.08%.
Filing date: Jul 31, 2014. Record updated at 13:02:22.
 
AMPHENOL CORP /DE/ (APH)
Senior Officer (VP & GGM, GLBL INTERC SYS GRP): Carroccia Frank

Acquired 3,200 Class A Common Stock (Non-Derivative security at $32.010) on Jul 30, 2014. Direct holding 3,500 shares/units after transaction. Holdings increased 1,066.67%.
Filing date: Jul 31, 2014. Record updated at 11:15:04.
 
Bancorp, Inc. (TBBK)
Director: Chrystal John C

Acquired 1,000 Common Stock (Non-Derivative security at $9.700) on Jul 30, 2014. Direct holding 10,000 shares/units after transaction. Holdings increased 11.11%.
Filing date: Jul 31, 2014. Record updated at 11:14:36.
 
DIME COMMUNITY BANCSHARES INC (DCOM)
Senior Officer (Executive Vice President): HARRIS DANIEL J

Sold 6,239 Common Stock (Non-Derivative security at $15.500) on Jul 30, 2014. Direct holding 11,000 shares/units after transaction. Holdings decreased -36.19%.
Filing date: Jul 31, 2014. Record updated at 11:14:09.
 
OLIN CORP (OLN)
Senior Officer (VP, Strategic Planning & IT): Greer GBruce

Acquired 6,000 Common Stock $1 par value (Non-Derivative security at $14.280) on Jul 30, 2014. Direct holding 10,252 shares/units after transaction. Holdings increased 141.11%.
Filing date: Jul 31, 2014. Record updated at 11:13:28.
 
CSB BANCORP INC /OH (CSBB.OB)
Senior Officer (Senior Vice President): MEILER PAULA J

Acquired 5,952 Common Stock (Non-Derivative security at $18.000) on Jul 30, 2014. Direct holding 6,580 shares/units after transaction. Holdings increased 947.77%.
Filing date: Jul 30, 2014. Record updated at 11:13:14.
 
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