Glenn H. Epstein is the CEO at Intermagnetics General
Corporation.
Leo Blecher is an officer also at Intermagnetics General
Corporation.
Epstein, Blecher, and some of the company's officers just
recently bought over 140,000 shares of their company stock at $11.78.
Just fourth months later, Intermagnetics General's
stock was trading at $22 - 86.7% return and
against a falling market!
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Some would say they are bold headed because
Intermagnetics General was trading at its 52 week low. However, once you
look at their past records, you would say different.
"9 out of the 9 past insider buys by Mr. Blecher, stocks
were higher afterwards with a 3 month average return of 125.83%!!! And 8
out of the 8 past insider buys by Mr. Epstein, stocks were higher with a 3
month average of 138.51%!!!"
Quite an impressive record. But they are not the only
ones.
The chairman of Select Comfort, Patrick A Hopf, bought
48,500 shares of its company stock at the market price of
$1.50.
Two years later, Select Comfort almost multiplied eight
fold trading at $12.13 - a 708.66% return!
That's $8,086.60 for every $1,000 invested!
Then there's Myron W Wentz, the President of Usana
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"Two years later, Select Comfort almost multiplied eight fold
trading at $12.13 -- a 708.66% return! That's $8086.60 for every
$1,000 invested. |
Health Science, who bought 30,100 shares at $2.447.
Just ten months after, its stock price soared to over
$16 per share - a whopping 577% gain!
Would you want to put your money against investors who are
always right? I didn't think so. You and I would probably rush to invest
our money along with theirs.