Every day, whether we like it or not, more of our personal information is online.
That’s kind of a scary prospect, considering all the hacks and data breaches in the news…
But the cybersecurity industry could be a hot sector going forward.
One problem: how do you pick cybersecurity firms to invest in?
Especially if you’re not “techy” enough to understand the industry?
Well, one way is to look at what company insiders are doing…
Case in point:
One company I’m watching has sold off HARD following earnings each of the past two quarters. Bad news for the company, right?
It turns out the president/COO of the company grabbed a total of $2 million+ shares during these post-earnings drops.
The president isn’t the only one buying dip after dip, though. A few other insiders — both management and directors — scooped up some more company stock over time.
You know what that means:
We’ve got a cluster buy on our hands.
So we’ve got the president/COO building a massive position in his company, plus other higher-ups grabbing shares as well.
These guys are convinced their firm’s going to do great things…
Which is why I just issued the trade alert to my Insider Report members yesterday.
But all these buys show us a sense of urgency. These “discount” prices might not last much longer…