A Great Source for Free Financial Advice
During these crazy economic times many investors are constantly on the lookout for free financial advice. Many subscribe to free newsletters and Twitter feeds that offer the latest and greatest stock tips and insider secrets but smart investors know to be very wary of such sources of information.
Twitter and Free Financial Advice
Usually, these sources for free financial advice start off by being decent but the very nature of the stock market is such that those with the best and most proprietary knowledge tend to win. The more people that get these free tips and act on them, the less valuable the tips become. In this case, even free financial advice becomes costly because it isn’t of any value.
Insiders and Free Financial Advice
A better source for free financial advice – especially when it comes to choosing which stocks to invest in – would be going to investors that truly know what they are talking about. These are the corporate insiders - the executives and directors of publicly-traded companies that are responsible for the day-to-day activities of their company. These are the men and women that make the decisions that determine the future value of their company’s stock price and they know better than anyone which way their company is headed.
Of course, confidentiality agreements don’t allow them to blatantly come out and tell you when and how much of their company stock the average investor should buy or sell but that doesn’t mean that they don’t offer free financial advice in a different form. When they trade their company’s share in the open market they are often sending out very strong trading signals through the way they’re trading.
Free Financial Advice that is Publicly-Available
Since this information is all publicly-available investors searching for free financial advice would be very wise to pay close attention to insider trading activity. Signing up for a free service like that offered by InsidersLab.com would be a good start. With the free reports and analysis provided by expert staff excellent stock picks are often revealed on a regular basis. And as far as free financial advice, it doesn’t get much better than that coming straight from the horse’s mouth so to speak.
Source:
insiderslab.com
http://www.insiderslab.com/media/mediaRoom.php
Reported on Oct 4, 2011
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Today's Notable Trades
HYPERION THERAPEUTICS INC (HPTX)
Senior Officer (SVP & Chief Medical Officer): Scharschmidt Bruce Frederick
Acquired 13,402 Common Stock (Non-Derivative security at $7.310) on May 22, 2013. Direct holding 70,909 shares/units after transaction. Holdings increased 23.30%.
Filing date: May 24, 2013. Record updated at 22:25:49.
SALESFORCE COM INC (CRM)
Senior Officer (EVP, Customers for Life & CGO): Martinez Maria
Sold 2,490 Common Stock (Non-Derivative security at $43.110) on May 23, 2013. Direct holding 2,254 shares/units after transaction. Holdings decreased -52.49%.
Filing date: May 24, 2013. Record updated at 22:25:36.
Google Inc. (GOOG)
First-Class Insider (Executive Chairman of Board): SCHMIDT ERIC E
Sold 6,901 Class A Common Stock (Non-Derivative security at $871.630) on May 24, 2013. Indirect holding 53,579 shares/units after transaction. Holdings decreased -11.41%.
Filing date: May 24, 2013. Record updated at 22:23:34.
IXYS CORP /DE/ (IXYS)
Director: FEUCHT DONALD L
Acquired 6,600 Common Stock (Non-Derivative security at $8.610) on May 22, 2013. Direct holding 9,153 shares/units after transaction. Holdings increased 258.52%.
Filing date: May 24, 2013. Record updated at 22:23:16.
ServiceNow, Inc. (NOW)
First-Class Insider (PRESIDENT & CEO): Slootman Frank
Sold 5,100 Common Stock (Non-Derivative security at $38.557) on May 22, 2013. Indirect holding 32,400 shares/units after transaction. Holdings decreased -13.60%.
Filing date: May 24, 2013. Record updated at 22:20:30.
MASIMO CORP (MASI)
Director: Coleman Robert
Acquired 59,400 Common Stock (Non-Derivative security at $2.750) on May 22, 2013. Direct holding 129,600 shares/units after transaction. Holdings increased 84.62%.
Filing date: May 24, 2013. Record updated at 22:11:21.
TEJON RANCH CO (TRC)
First-Class Insider (President / CEO): STINE ROBERT A
Sold 13,100 Tejon Ranch Co. Common Stock (Non-Derivative security at $30.028) on May 24, 2013. Direct holding 33,025 shares/units after transaction. Holdings decreased -28.40%.
Filing date: May 24, 2013. Record updated at 22:11:08.
Cyclacel Pharmaceuticals, Inc. (CYCC)
First-Class Insider (President & C.E.O.): Rombotis Spiro George
Acquired 100,000 Common Stock, $0.001 par value per share (Non-Derivative security at $3.000) on May 21, 2013. Direct holding 241,416 shares/units after transaction. Holdings increased 70.71%.
Filing date: May 24, 2013. Record updated at 22:09:07.
Cornerstone OnDemand Inc (CSOD)
Director: BURLINGAME HAROLD W
Acquired 11,870 Common Stock (Non-Derivative security at $1.260) on May 22, 2013. Direct holding 45,120 shares/units after transaction. Holdings increased 35.70%.
Filing date: May 24, 2013. Record updated at 22:08:26.
MCKESSON CORP (MCK)
Senior Officer (EVP,GC & Chief Compl. Officer): Seeger Laureen
Sold 17,250 Common Stock (Non-Derivative security at $116.500) on May 24, 2013. Direct holding 0 shares/units after transaction. Holdings decreased -100.00%.
Filing date: May 24, 2013. Record updated at 22:07:18.
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