Word: petroni
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Dates: during 2000-2009
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...Wall Street's attention or they misread the market. They also tend to act far in advance of expected news, in part to avoid the appearance of illegal insider trading. So patience is key. New research by Bin Ke and Steven Huddart of Pennsylvania State University and Kathy Petroni of Michigan State suggests that insider activity precedes specific company news by three to nine quarters. The current buying, then, may preface gains that won't come before next year...