An Insider Bought Occidental Petroleum, Should You?

http://newsdoors.blogspot.com/2012/12/an-insider-bought-occidental-petroleum.html

According to a filing with the SEC, Avedick Poladian bought 5,000 shares of Occidental Petroleum Corporation (NYSE:OXY) on December 4th at an average price of $73.43 per share. Poladian, who serves as COO of real estate company Lowe Enterprises, is a member of Occidental’s Board of Directors and after his most recent purchase owns a total of 30,000 shares of the company’s stock. Insider trading filings, particularly insider purchases, can be good to track as studies show that stocks bought by insiders tend to outperform the market on average (read more about studies on insider trading).

http://newsdoors.blogspot.com/2012/12/an-insider-bought-occidental-petroleum.html