With July earnings reporting over, the insiders are back and back with a vengence. That's where I've been the past couple of weeks. If you're willing to try this trading methodolog on for size, August might be the month to get your feet wet.
Real time example: Last night after the close an SEC filing revealed that a Senior VP of Synaptics (SYNA) purchased $260K worth of SYNA at $15.29 per share. Synaptics has fallen 33% in the past few weeks, mostly due to reports of losing their best customer, Apple Computer, representing a signficant portion of their business. This Insider wasn't as gloomy on the stock as the selling shareholders and stepped up to the plate with a quarter million dollars of his own money. This morning, Thursday, SYNA opened at $15.15 a share, up only 10 cents from Wednesday's close. Not a bad bet. SYNA has run to a high this morning of $15.85, a "pop" of 5%.
This is what we're looking for and the time seems right for paying attention to insider opportunities, right here, right now.