The Fed’s policy language shift in November led to an absolute rout in tech stocks over the past few months.
Over 1600 names in the Nasdaq Composite were down over 50% from their highs.
Some dip buyers swooped in hungry for cheap stocks…
But many names that looked like “obvious” buys just kept going lower as institutions continued to deleverage and blow out of these positions.
It can be scary trying to catch a falling knife because you don’t really know how far down it can go.
One way to go about this is to check for when corporate insiders start picking up shares of their stock. We’ve seen this before in other tech stocks — like this one, where a key insider picked up hundreds of millions of $$$ of shares as his company fell through the floor.
Now, we just discovered a very interesting setup on a large fintech company.
For the past two years, the CEO has been selling stock…
To the tune of $2 – $4 million per exit.
That doesn’t mean he’s bearish on his own stock — it’s most likely a scheduled stock selling plan to get liquid and scale down his risk…
But something changed last week.
For the first time, he’s now buying the stock.
The price got so low over the months, so he must know what a deal this is…
And he put a million dollars back into the name.
If you want to learn how to take advantage of this opportunity and learn how to find more insider trades like this…
