Bargain Hunters Take Note: Insider Cluster-Buying At LOOP
October 14, 2020 at 15:53 PM EDT
A particularly strong insider buying signal is what we call a "cluster-buy" where three or more different insiders make open market purchases within a short period of one another. At Loop Industries Inc (LOOP), 3 different insiders purchased 25,000 shares at an average price of $8.11/share, for a total of $202,715, with the most recent purchase on October 13, 2020.
