Forbes -
11 May 2016 21:03

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 April 28, Simon Property Group, Inc.'s Director, Allan B. Hubbard, invested $27,869.12 into 136 shares of SPG, for a cost per share of $204.92. 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...
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