A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. 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 — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by the ''top brass'' over the trailing six month period, one of which was a total of $100.4K by Barclay Corbus, SVP, Strategic Development at Clean Energy Fuels Corp ( CLNE).Corbus bets big on CLNE:
|11/12/2013||Barclay Corbus||SVP, Strategic Development||8,700||$11.54||$100,398.00|
According to the ETF Finder at ETF Channel, CLNE makes up 1.35% of the PowerShares WilderHill Progressive Energy Portfolio ETF ( PUW) which is trading up by about 0.1% on the day Wednesday.