Depends on the trade. If they sell before a stock collapses, that’s true. They better do it before all the other insiders do, though - and you better be the quickest too. Like, microseconds quick, if your strategy is just to copy them 1:1. If they’re doing something multi-step it becomes a game where they have to be careful to preserve their information advantage, or it becomes worthless.
Depends on the trade. If they sell before a stock collapses, that’s true. They better do it before all the other insiders do, though - and you better be the quickest too. Like, microseconds quick, if your strategy is just to copy them 1:1. If they’re doing something multi-step it becomes a game where they have to be careful to preserve their information advantage, or it becomes worthless.