Insider Trading | HES | PCG

Insiders sell stock in their own companies for many reasons – but they only buy their own stock for one reason – they think it will be going up.

Insider John B Hess buys HES

Chairman of the board, CEO and 10% owner John B Hess bought ten million dollars of his own stock last week (HES – Hess Corp).

This is a massive transaction and it may give insight to the future direction of HES stock as well as the trend of the balance sheet in earnings reports to come.

Click to enlarge the weekly chart of HES

Insider Trading – Anthony F Early Jr. buys PCG

The chairman and president of PCG bought 1.4 million of stock in PCG (PG&E corp). PCG actually makes a great trade under the rubber band swing trading strategy on the weekly chart right here.

Click the chart of PCG shown to the right.