Monday 9/21 Insider Buying Report: THM, LSAK

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys. On Wednesday, International Tower Hill Mines (THM)'s Chief Executive Officer, David Victor Wiens, made a $200,000 buy of THM, purchasing 83,682 shares at a cost of $2.39 each. So far Wiens is in the green, up about 17.2% on their buy based on today's trading high of $2.80. International Tower Hill Mines is trading up about 1.1% on the day Monday. And at Lesaka Technologies (LSAK), there was insider buying on Wednesday, by Executive Chairman Ali Mazanderani who purchased 43,000 shares for a cost of $4.28 each, for a total investment of $183,837.