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Some of the losses seen by insiders who purchased AU$67k worth of PointsBet Holdings Limited (ASX
BH) shares over the past year were recovered after the stock increased by 13% over the past week. The purchase, however, has proven to be a pricey bet, with losses currently totalling AU$22k.
Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
Check out our latest analysis for PointsBet Holdin...
>>> Read more: Despite recent gains, PointsBet Holdings Limited (ASXBH) insiders are still down AU$22k after purchasing last year
BH) shares over the past year were recovered after the stock increased by 13% over the past week. The purchase, however, has proven to be a pricey bet, with losses currently totalling AU$22k.Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
Check out our latest analysis for PointsBet Holdin...
>>> Read more: Despite recent gains, PointsBet Holdings Limited (ASX
BH) insiders are still down AU$22k after purchasing last year