Do Insiders have an Edge in the War? Blackout Period in the Fog of War.
The self imposed quarterly earnings blackout could have not happened at a worse time. When market participants most want answers, insiders are restricted from trading in their own stocks generally 30 days before the Quarter end until they publish these results. When Macro trumps everything, like it does now with the current War with Iran, does insider buying have relevance? The answer to this will only be apparent in time. My hunch is that insiders know as much about macro as anyone else- which is to say NOT much. They may have no edge during this time. But they do … Read more