Monday afternoon it was disclosed that Harold Simmons, CEO of NL Industries, had purchased $325K worth of NL stock, 25K shares at $13.25 avg price. NL closed Monday at $13.26.
Tuesday, NL opened at $13.50 on a small gap-up opening. But what is important is that NL closed Tuesday at $15.00. This was a great I-buy!
It didn't matter how quickly you got the Alert, or even what you paid for NL if you bought it on the Gap-Open on Tuesday. The essence of this trade was Harold Simmons buying a s**tload of stock. Get this message right, and you are in the zone for Insider-Buying profitability.