Ocean Plastics Co Ltd
TWSE:1321
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We don't have any information about Ocean Plastics Co Ltd's insider trading.
Ocean Plastics Co Ltd
Glance View
Ocean Plastics Co., Ltd. is engaged in the manufacturing and selling of PVC raw, construction and plastic industry supplementary materials. The company is headquartered in Taipei City, Taipei. The firm primarily provides plastic cloths, plastic leather products, synthetic leather products, plastic construction materials and plastic raw materials. The Company’s products are primarily applied in the manufacture of file folders, stationery related products, balls, shoes, purses, handbags, furniture, sports equipment, tubes, as well as electrical insulating materials, among others. The firm distributes its products in Taiwan, Mainland China, Hong Kong, India and the United States, among others.
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.