Thursday 7/8 Insider Buying Report: PLL

Thursday 7/8 Insider Buying Report: PLL

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money.

Today we look at a recent insider purchase of note.

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money.

Today we look at a recent insider purchase of note.

On Tuesday, Piedmont Lithium's , Susan C.

Jones, made a $292,260 purchase of PLL, buying 4,000 shares at a cost of $73.06 each.

Bargain hunters can bag PLL even cheaper than Jones did, with the stock changing hands as low as $65.52 at last check today which is 10.3% below Jones's purchase price.

Piedmont Lithium is trading down about 0.9% on the day Thursday.

This purchase marks the first one filed by Jones in the past twelve months.