At Stockpickr.com, we strive to keep track of insider purchasing and buybacks each week. Here's the perfect setup in my mind: Insiders are buying the stock, the company is buying back its own shares, and a super-investor such as Warren Buffett is also buying shares. If I can get three out of three, I'm in heaven. If I can get two out of three, or even one out of three, I'm still pretty happy about the situation, particularly if the stock is cheap in other ways as well.
Saturday, May 31, 2008
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