I read SEC filings like my daughter watches bad television. That is to say, I read them often and enjoy doing so, even if no one else understands why I take so much pleasure in them.
Insider buying and selling have proven to be a great indication of what the people running a company think of the business’s prospects.
I have been tracking institutional buying and selling since the late 1980s. It took a lot more elbow grease back then, but it was profitable enough to be a worthwhile exercise. It is much quicker to access and read the filings today, and it is still a very profitable endeavor if you know what to look for in the reports.