Spectra Products Inc
XTSX:SSA
We don't have any information about SSA's insider trading.
Spectra Products Inc
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Spectra Products, Inc. engages in the manufacturing and marketing of bus and truck transportation safety equipment. The company is headquartered in Etobicoke, Ontario. The firm operates in bus and truck transportation safety equipment segment. The firm manufactures and markets brake and wheel-end monitoring equipment as an after-market product through transportation dealers, distributors and direct sales to fleet operators. Its product line includes Brake Safe, Brake Inspector, Zafety Lug Lock, Hub Alert, the Anti-Seize Cotter Pin and Termin-8R. Its Brake Safe is a visual brake stroke indicator that permits vehicle drivers to determine the brake adjustment condition of a truck, trailer or bus equipped with an air activated brake system. Its electronic version of Brake Safe is an air brake diagnostic system called Brake Inspector, which provides an in-cab display of air brake status and permits diagnosis of various existing and potential brake problems with the foundation brakes of trucks and buses.
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.
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