Junior mining stocks have taken it on the chin like everything else this year. Insiders are bargain hunting, and in its March 25th morning report, INK Research looked at two examples. Watch the short video summary now and read the report on Ultra Money Free. To read the PDF version of the report, look for the paper clip in the lower navigation bar while watching the video. Ivanhoe Mines (IVN) which is one of the stocks in the report was featured in Saturday's Globe and Mail Who is Buying and Selling.
Mining titan is buying
As we wrote in our market commentary this morning for INK subscribers and supporters in the Canadian Insider Club, we believe there is a growing possibility that March 23rd was a significant floor or low for stocks. Not only is our INK Indicator nearing a peak, but we have also seen examples of likely forced insider selling, perhaps due to margin calls. We last saw this take place near the lows during the great financial crisis of 2008. For those investors who are willing to risk a retest of the lows, current stock price levels may be presenting some tempting entry points for INK Edge stocks with sunny or mostly sunny outlooks.
As we continue to roll-out more community features, there is no better time than now to follow the insiders with us. Let the insiders guide you towards bargains that could potentially pay-off big once the clouds part from COVID-19. If you are not a Canadian Insider Club Ultra member, now is a good time to join us to get full access to Real Vision and INK Research premium videos and core reports. Use coupon code SPRING20 for a $100 discount off a new 2020 membership (renewals will be at the regular price unless cancelled before the end of term which is easy to do). Stay on top of what insiders are signalling about the direction of stocks and markets, join us today.