Latest / Financial Survival Network / Insider Trading and the Stock Act -- Ross Givens #6073

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Insider Trading and the Stock Act -- Ross Givens #6073 · Financial Survival Network

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  There can be a lag time, but where we've had the most success.
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  Same idea is tracking corporate insiders. So you think politicians know a lot,
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  well, imagine how well you could trade the company stock following the CEO,
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  the chief financial officer, the board members, the vice presidents. You know
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  their individual stock and so the difference between them and politicians is they report almost
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  immediately. You are listening to Carrie Let's's Financial Survival Network where you get valuable
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  information. You just can't find anywhere else to thrive in today's trying times.
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  You need the Financial Survival Network now more than ever. Go to Financial Survivalnetwork
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  dot com and get your free newsletter and gift. Financial Survival Network now more
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  than ever, And welcome. You are listening to and watching the Financial Survival
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  Network. I'm your host, Carrie Lux. Well, this program you're about
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  to hear about, I have been following it for months. I know for
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  a fact it works and it's really simple. What group, what profession out
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  there has some of the most impressive trading profits out there. Think about that
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  for a second. Well, I'll tell you who Your Congress As an investor
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  class Congress has one of the best records around and you think, how do
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  they do it? How can they be that smart? They weren't that the
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  only thing they've ever accomplished in their lives was getting elected. For most of
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  them. Well, I'll tell you how they do it. They've got the
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  information and for you to trade on that information you can't. However, you
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  can bootstrap onto them and you can trade like a politician and person. You're
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  about to hear from Ross Gibbons. Ross, so you're going to explain how
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  you do it. Hey, first time on the show. I want to
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  welcome you on. Really excited to have you on because I've been following this
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  for a while and I know that it works. Well. Thanks, Carry,
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  It's a pleasure to come talk to you in person. You know,
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  you and I are talking for the show about this, and you know your
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  experience in a financial world, right, you've seen plenty of things to know
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  BS from non bs, and even you were kind of surprised with some of
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  the examples I was telling you about. You know, the premise, like
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  you said, is tracking insider activity. Now when it comes to politicians,
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  that means members of Congress, like you know, pelosiedure with a poster child
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  for this stuff. But others have access to information we don't. And when
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  it comes to investing, as you know, that's the most valuable commodity there
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  is. Anything you know before it is public knowledge can make you money.
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  So from a basic standpoint, give you an example. Back when COVID hit
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  in twenty twenty, it really ramped up. You remember, like March twenty
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  twenty, the market delt thirty percent a month learnt. Yeah, Well,
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  COVID was briefed on I mean sorry, Congress was briefed on this in January
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  before you know how bad it is in China, what's coming. They're planning
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  for shutting down the economy, and several senders dumped all their stocks before that
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  they got out of the way of you know where the fastest market meltdowns,
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  you know. So that's a big picture. But then when it comes to
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  individual stocks, that's where you really make the most money. Mean, even
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  if you time the market perfectly, you're not going to make eight hundred percent
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  on an index fund anytime soon. So there was a story done, and
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  I want to say it was The Times a few years back, looking at
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  how many of these members of Congress made trades in stocks that were directly affected
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  by their activities, and the number was was staggers. There were fifty five
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  of these people. But let me give you a couple of just insane examples
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  that you think there's no way this is this is possible. Representative Cindy Ashney
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  Okay and her husband were trading Wells Fargo stock at the same time that she
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  sat on the Financial Services Committee in charge of investigating Wells Fargo over the Big
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  account scandal. They had no Earl Blumenauer. This guy's buying defense stocks the
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  same day Russia invaded Ukraine. Catherine Clark, this woman, Okay, So
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  cong Catherine Clark buys up a little stock called hollow Logic back in twenty twenty,
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  little tiny off the radar stock. Well, one week later, this
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  company is awarded a one hundred and nineteen million dollars COVID nineteen testing contract.
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  Now you might think maybe that's a coincidence. She is literally on the committee
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  that awarded that funding. So you know, these examples are just and I
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  can give you a dozen more, but they when they're proving to a certain
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  amount of information, you know, you know about a big government contract that
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  that's going to go out or or some other market movie piece of information.
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  They positioned themselves early in these stocks and make a fortune in pelosis you mentioned
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  earlier, I mean shear In's congressional salary. She made one hundred and fifty
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  million dollars to last thirty years from trading. Now there her husband's trades.
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  You know. Hey, and if we're we're bootstrapping on them, Ross,
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  we don't have to tell anybody who told us what or whatever. We're just
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  using public information that's available if you know where to look for it, right,
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  and you know where to look for it. Yeah, And that's the
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  big thing this is this there's no moral you know, issue with this.
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  It's one hundred percent league. Well, all you're doing, well, we're
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  trying to do is level the playing field. You know, if these elected
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  politicians, these these public servants are going to do this, well, the
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  very least we should see what they're doing and have access to it. Now.
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  The only difficult part about following these politicians is the lag time between when
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  they make that trade right publicly. Yeah, so there's something there was a
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  stock act that made them start to have to disclose the stuff. They should
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  just do it or they want it now they have to report it, but
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  they get forty five days to report it. So you know, if they
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  buy middle of January, they don't have to report it till earst of March,
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  you know, so there can be a lag time. But where we've
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  had the most success, same idea is tracking corporate insiders. So you think
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  politicians know a lot, well, imagine how well you could trade the company
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  stock following the CEO, the chief financial officer, at the board, members,
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  the vice presidents, you know, their individual stock. And so the
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  difference between them and politicians is they report almost immediately. They get forty eight
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  hours. Most of them do it sooner because all they have to do is
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  fill out this form forces I've bought this maney shares of our stock at this
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  price, etc. While with the secity boom, they're off the hook for
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  insider trading. They have no liability. They reported it. It's going to
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  plan. We can see all these So we've made a business over the last
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  six and a half years of this for thousand members. All we do is
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  track this stuff and we're looking for obvious example or you know, we're looking
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  for I'll give you a great example. We bought a stock I recommended our
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  members buy a stock ticker symbols c a t X back January fourth of this
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  year. It's Perspective Therapeutics, little biotech company, thirty forty cents a share,
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  totally off the radar. Now you know what moves biotechs. It ain't
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  earnings, it ain't sales. It's DROW trial results, right, it's political
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  trials. It's all news driven Phase one, two and three. Yeah,
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  Ingo, that's it. So the only way you're gonna get edge in those
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  kind of stocks if you know how those trials are going, is the drug
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  showing promise is gonna get FDA approval that those stocks either go with one thousand
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  percent of they go to zero. You know their lontery tickets. If you
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  don't know, they get caught out by Pfizer and DAK and whomever, right
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  exactly. And so we had this one. We saw that's okay, one
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  person's buying a few shares and two people have buying a few shares. But
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  we had in like a twelve day window, I want to say, ten
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  to twelve insider buys the stock at the same time. So we had the
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  chief financial officer buying, We had several board members buying vice presidents and mainly
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  the chief medical officer at the company's buying. This guy puts in like half
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  his annual salary into the stock at all, at like fifty two week highs
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  in the middle of phase two drgue trial studies. It's like, you don't
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  need a crystal ball to go. I bet things are going pretty good over
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  there. Yeah, you know, sounds like it. I mean, so
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  anyway, look, if you look up the stock, it's up three hundred
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  and twenty percent since then in the last you know, four months. So
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  those are the kind of opportunities I call it opportunistic buying, right, But
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  not just oh this guy buys every quarter. Oh this you know, the
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  ceo ad shares every year, or you know, oh he was just made
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  ceo, so he's putting one hundred grand into show his faith in the company.
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  But we're looking for stuff like, you know, five ten insiders buying
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  all at once. Suddenly out of nowhere, we're looking for stocks where insiders
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  rarely buy, and now suddenly we have this huge cluster of buying we're looking
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  for. Hey, the last three times this guy bought the stock, it
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  was at the lower before some big announcements, So it looks like he's got
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  a history of doing this and over time, you know, we've we've never
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  had a losing year, uh doing this, We've had I think we I
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  think our worst year and it's like this is assuming twenty percent per stock based
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  on our entries. I think our worst year is like thirty percent. Our
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  best year is three hundred or so. Uh, And we made money in
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  twenty two getting alongside. So they don't all work. Sometimes it's coincidence,
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  you know. Sometimes they're betting on some merger, some deal and it falls
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  apart. Sometimes there's just a bear market and it hammers everything. But you
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  know, we've seen stocks. We bought an energy stock in twenty twenty,
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  what a nineteen hundred percent of the next two years, you know, And
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  you don't need you don't need a ton of those winners. Yeah, only
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  need a few of them, you know what. So I tell people said,
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  it's not bulletproof. Anybody tells you their strategy wor one hundred percent of
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  the time, better run the other way because it's not gonna happen. I
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  don't care how you're doing it, you're gonna occasionally lose ten percent twelve percent,
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  fifteen percent. You know, Buffet's lucky to get it right half the
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  time. But by kind of fishing from a stock pond, so to speak,
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  you know, focusing on those stocks but the insiders are buying greatly increases
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  your your odds of success. All right, oll, Hey, so how
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  do we uh, how do we find out more about this? How do
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  we connect with you on the web. Yeah, so our website is traders
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  Agency dot com, Go Transition dot com. Uh, click there. We
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  do we do really do a training event on this once a month or so
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  where we hold these kind of one hour online sessions, uh online, same
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  format as this, one hundred percent free to attend, and we just kind
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  of walk through this and show people, Hey, here's how it works,
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  here's what they're looking for. Here's where to find this information the database.
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  Uh uh you know, these are the markers of potentially good trade, these
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  things you want to look out for all that. So, uh, we
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  do those There should be details on the website. Click the link there,
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  put in your email. We'll notify you about that. Uh. And and
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  you know, we see it change a lot of people's lives. And I'm
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  seeing a lot of people they just don't look at stocks the same way.
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  Uh after you find this or see this, what I consider it to be
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  kind of a loophole. All right, just tell us the name of the
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  site again. Yep. The website is Traders Agency dot t R A D
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  E R S Agency A G E n C Y dot com. Shift see
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  box on there to put in your email and will notify you the next time
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  we do an event there. Great, and there's a link to it in
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  the show. That's this interview on Financial Survival Network dot com. Make sure
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  you click it get right through. While you're there, sign up for a
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  free newsletter, Ross. I am going to be at your next webinar for
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  sure, watching it, seeing how it's done. Appreciate you coming on.
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  If you got any questions for Ross or myself, shoot me an email k
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  l at Carrie LUTs dot com. Ross been a pleasure. We'll definitely have
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  you on again. Thanks carry good talking with you. Thanks for listening to
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  Carrie Letz's Financial Survival Network your solution to today's trying times. For the latest,
• 11:45
  go to Financial Survival Network dot com. Financial Survival Network now more than ever