Soyo Group Inc
OTC:SOYO
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We don't have any information about SOYO's insider trading.
Soyo Group Inc
Glance View
Soyo Group, Inc. engages in the distribution of electronics, computer products and communications services and products. The company is headquartered in Ontario, California and currently employs 42 full-time employees. The company went IPO on 2001-10-15. Through the consumer electronics division, SOYO offers a line of liquid crystal display (LCD) televisions and monitors, as well as Bluetooth wireless devices. Through the communications division, SOYO offers discount telephone service through voice over Internet protocol (VoIP). The hardware to create and run VoIP services is also available for sale. The firm offers a line of designer motherboards and related peripherals for intensive multimedia applications, corporate alliances, telecommunications and specialty market requirements. The breadth of the product line also includes Bare Bone systems, flash memory, as well as small hard disk drives for corporate and mobile users, internal multimedia reader/writer and wireless networking solutions products for any home and office (SOHO) users.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.