Hi, if there is a thread for this, please merge this post, thanks.
I found significant change of director's interest is a great indicate for share trading, particularly when directors buying with their own money in small companies, in case of the share price is rising. I would say $50,000 minimum are considered as significant.
For example, On Dec 18, MTN's director Dennis Woods paid $196,841.43 at $1.40sh for 136,364 shares, afterwards, share price rose from $1.4 to $3.7
Today Kent Michael Hunter from SIM released a notice. He spent $191,486, bought 351,642 shares, at average price of 54.5c.
The only difference is he bought it when share was pull back. But at least it is not negative. close to $200k is a lot of money, even for a very rich people. If he is going to risk it, I have no problem with that.
Let's spot some more, and make some money..