$500 billion government secret (hidden for 40 years) Porter Stansberry
It’s always a good idea to keep track of insider buying.
After all, it’s the insiders that know their company the best. And if they’re willing to put their money where their mouths are, pay attention.
Look at Terns Pharmaceuticals (SYM:TERN), for example.
The clinical-stage biopharmaceutical company owns a portfolio of small-molecule product candidates to address serious diseases, including oncology and obesity.
Fueling upside, the company just said TERN-601 for obesity was well tolerated and showed statistically significant mean weight loss across all three doses evaluated (240mg, 500mg, 740mg) in the 28-day multiple-ascending dose trial, with maximum placebo-adjusted mean weight loss of 4.9% (p<0.0001) at the highest dose of 740mg. Additionally, 67% of participants lost 5% or more of their baseline body weight at the top dose.”
Even better, company director Hongbo Lu just bought 476,190 shares at a price of $10.50 per share, for nearly $5 million.
Gran Tierra Energy (SYM:GTE)
Gran Tierra Energy (SYM:GTE) engages in the exploration and production of oil and gas properties in Colombia and Ecuador. It just saw President and CEO Gary Guidry buy another 100,000 shares of the beaten-down stock for about $617,000.
Technically oversold, the GTE stock appears to have caught strong support at $6 and is just starting to pivot higher. From its last traded price of $6.07, we’d like to see the stock initially refill its bearish gap at around $7 a share.
ECB Bancorp (SYM:ECBK)
The CFO of ECB Bancorp (SYM:ECBK) just bought about $70,000 worth of the stock.
As noted by Investing.com, “In a recent transaction on September 19, ECB Bancorp, Inc. CFO Brandon Lavertu acquired shares of the company’s stock, totaling approximately $69,857. The purchase was made at prices ranging from $13.87 to $14.00 per share.”
COO John Citrano also picked up 5,000 shares of ECBK on September 17 for about $67,350.
Critical Warning: Why Buffett dumped $86 billion of Apple stock
While millions of investors blindly pour money into AI and tech stocks… the world’s greatest investor is selling – Warren Buffett just dumped $86 billion of Apple stock
Why?
One legendary financial analyst who has studied every move Buffett’s ever made says it’s because:
“Buffett knows the big die up is coming for tech stocks. He’s navigated every boom and bust of the last 70 years, and he knows the warning signs.”
The warning signs?
And discover the #1 way to profit from this imminent Die Up.
