York Water was analyzed in this blog on December 22. This morning I bought the stock at 17.90 on a limit order. After writing the previous article, I learned that company insiders have been buying an astonishing amount of stock all year, including large purchases in December at 17.90. I assume that no one knows what this stock is worth quite as well as the directors of the company. The buying by company insiders has alleviated my concerns and I am following their lead. Insiders may sell stock for many reasons, but they only buy it when they think the share price is going to rise in the future.
Buying York Water Co. (YORW)