There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on August 21, Gevo Inc's Director, James J. Barber, invested $77,000.00 into 50,000 shares of GEVO, for a cost per share of $1.54. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money. In trading on Wednesday, bargain hunters could buy shares of Gevo Inc (Symbol: GEVO) and achieve a cost basis 2.6% cheaper than Barber, with shares changing hands as low as $1.50 per share.
We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.