The Best Information is Inside Information

Insiders have been steadily buying GE stock all the way down its ugly slide into ignominy. Four insiders alone bought over $55 million worth of stock last week while most analysts couldn’t downgrade the Company fast enough. This is the ugly truth about Wall Street research. It’s little more than Ivy League MBA and CFA cheerleading teams.  They all love the stock at the highs and abhor it at the lows.  It’s endemic buy high and sell low is the mantra of cheerleading Wall Street whiled insiders traditionally practice that old boring practice of buy low sell high. Our technical analysis tools tell  that it IS time to buy GE.