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Stock impact report

China Jo-Jo Drugstores Insider Ups Holding By 516% During Year [Yahoo! Finance]

China Jo-Jo Drugstores, Inc. - Ordinary Shares (CJJD) 
Company Research Source: Yahoo! Finance
Viewing insider transactions for China Jo-Jo Drugstores, Inc.'s NASDAQ:CJJD ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold. Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares. China Jo-Jo Drugstores Insider Transactions Over The Last Year The Chairman & CEO Lei Liu made the biggest insider purchase in the last 12 months. That single transaction was for US$4.7m worth of shares at a price of US$1.87 each. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$1.83). Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. It is encouraging to see an insider paid above the current price for share Show less Read more
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