We contrarians like to follow the insiders. Those “in the know” who buy and sell their own stocks based on value.
These “smart money” types fade sentiment. Insiders tend to buy low and sell high.
And, to be honest, we really don’t care when they sell. Maybe they were short of cash for a new yacht! Or a vacation home. Or a private jet. You get the idea.
More importantly, these insiders only buy for one reason, and one reason alone:
They believe their stocks are going to go up.
On that note, let’s discuss a few dividends yielding up to 11.9%—because the people who know the companies best are putting their money where their mouths are.… Read more