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 November 18, W & T Offshore Inc's Director, Robert I. Israel, invested $69,454.00 into 3,850 shares of WTI, for a cost per share of $18.04. 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.
W & T Offshore: A 17.7% Better Bargain Than When Israel Bought
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