If you are looking for clues telling you which stocks have a good chance of increasing in value, you might want consider watching what insiders are doing. After all, talk is cheap, but when insiders put their own money on the line, you should sit up and take note.GeoEye Inc (GEOY) topped the insider-buying charts for the week ending July 9th as insiders snapped up 490,000 shares of company stock at a market value of $19,776,466. During the past six months, insiders have increased their overall holdings in the company by 3.17% and now own 1.15% of GEOY stock.
Transatlantic Petroleum Ltd (TAT) was not far behind, with insiders buying 1,788,640 shares at a market value of $5,008,192. Insiders now own 47.70% of the company's stock after decreasing their overall holdings by 0.12% during the past six months.
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