Back in 2018, the Fed’s aggressive tapering and rate hike efforts crashed the tech sector.
Even Apple — which institutions often see as a place to park capital — plummeted by something like 30% from the high to the low.
At the same time, Apple intentionally reported a bunch of bad news to harm its stock price.
In my latest video, I’ll explain why a company might do this…
And show you a company where the insiders are buying like mad into a price crash.
In Apple’s case, it’s simple:
They wanted to “rip the bandaid off” — get all the bad news out there at the same time. Price it all in as much as possible.
For instance, they announced they wouldn’t be reporting iPhone numbers, and they may have revised earnings guidance downwards.
They got these things out of the way so that stock had nowhere to go but up.
I think I’m seeing the same scenario play out on another name…
See, a stock I’m watching just announced a leadership shakeup amid a months-long downtrend.
They’re promoting their current President to CEO, while the current CEO is stepping down and remaining Chairman.
This is often bad news for a stock because it creates uncertainty.
So that begs the question:
Why did several insiders just buy tons of shares?
One of these insiders is that very same current CEO that’s stepping down — so he’s pretty confident his replacement will do quite well.
They revised down their earnings numbers on January 4th…
And it’s ugly.
But the next day, the current President and soon-to-be CEO scooped up over $100k in company stock.
So here’s what’s in play:
- Long downtrend for about 9 months
- 4-person insider cluster buy into what is usually bad news
- First-time purchase from an insider on more bad news
- They legally have to hold their positions for at least 6 months… or they forfeit all their profits
Add it all together…
And this is one compelling investment opportunity.
If it goes right, it could seriously put you on track towards smashing your financial goals this year.
Feel free to watch the video above to hear more details on this situation.
Once you’re done, if you want to learn more about how to follow the insiders…
And potentially join IE to get all my insider trading research…