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Very cool, and interesting! As a retail investor / layman, can you explain the benefits or workflow? (legalities, how to go about this, use cases) From a high-
by kevinyun 8y ago
Very cool, and interesting! As a retail investor / layman, can you explain the benefits or workflow? (legalities, how to go about this, use cases)
From a high-level, I understand that this is just public data in a nice UI that you get a day earlier. What happens if this gets really popular -- will there be a gate/fee?
- finfun234 8y agothanks! >>> As a retail investor / layman, can you explain the benefits or workflow? (legalities, how to go about this, use cases)<<<< All company insiders(e.g CEO,Directors etc) are required to report to the Government, stock transactions they make in their company. Many brokerages will give you this information on a per company basis. What we have seen is there is a delay between one to three days. So the benefit is you get the information as it is reported. What you do with this information is up to you. But being aware of large transactions by insiders could be a useful metric as part of your research. For example here are transaction's that we came across on our insider page last night http://shareseer.com/today/insiders?f=walmart http://shareseer.com/today/insiders?f=walmart There was ~120M of stock that was disposed of. >>>What happens if this gets really popular -- will there be a gate/fee?<<< We have some ideas on building specific insights on top of this, that we could consider as a paid feature. For now everything is free as we are learning about the pain points of investors. Our focus today is to learn from you what your pain points are as an individual investor and what you think about the application today?
- kevinyun 8y agoCool, thanks for the example. Again, apologies as a layperson/everyday investor -- Can you explain what 'D - Disposition to the issuer of issuer equity securities' means, and how that is different from something like 'S - Open Market Sale'? If the Waltons dumped $120m in common stock, is that significant to the market? How so? Just trying to tie that in with how a retail investor would go about this.
- ljw1001 8y agoI think insider sales are a useful guide when they’re unusual. Some insiders sell a little stock every month. Somehow you would need to extract a signal from the normal behavior. Larger or smaller amounts. Trend shifts or something
- finfun234 8y agoGood point. We will consider adding such a feature. Thanks for checking it out!