Top Stocks Insiders are Buying and Unloading Now
Buying American Homes for Rent AMH Chairman of the Board, Hugh Wayne, bought a monstrous $30 million worth of this REIT increasing his holdings by 12.9%. I have watched Mr. Wayne purchase stock for sometime in this low yielding REIT and have been curious as to the end game. It was established in 2012 by Public Storage founder Wayne Hughes after scooping up thousands of foreclosed homes. I believe the plan is simple, profiting from once in a life time housing meltdown, lack of affordable housing, raising rents, and then ultimately selling the homes at greater prices. Undoubtedly it will work … Read more