Carnegie Market Blog

 

Insiders Buying Energy Stocks

Posted by Brent Luce on Sep 1, 2015 4:00:00 PM

Insider Buying in Energy

We all know that oil prices and the corresponding energy stocks have declined dramatically in the past year.  The recent drop in oil prices has been similar in magnitude to the other major drops of the last 32 years, which is as far back for which I can easily retrieve the data.  It is never a good idea to try to pick bottoms or “catch falling knives” as they say, but one might argue that the decline in oil prices is at least in the “seventh inning” from a magnitude standpoint.  See below:

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Topics: Stocks, Energy

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