Bargain Hunters Take Note: Insider Cluster-Buying At IGXT
September 26, 2022 at 10:50 AM 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 IntelGenx Technologies Corp (IGXT), 3 different insiders purchased 78,500 shares at an average price of $0.14/share, for a total of $11,010, with the most recent purchase on September 23, 2022.