INVESTING
Buying at Bank of Nova Scotia Insiders were buying when the TSX sold off Monday over Greece fears. Based on TSX data, the ratio of stocks with insider buying to selling was 5 to 1. One of the buyers was Bank of Nova Scotia director William Robert Fatt, who picked up 3,100 shares in the public market at $64.33. BNS ("Friday's close $64.21) currently holds a mixed INK Edge outlook on the equally weighted V.I.P. criteria of valuations, insider commitment and price momentum, placing it in the middle of the pack in terms of all stocks ranked.
Ted Dixon is CEO of INK Research, which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.