"This is a good example of how insider buying can pay off in the short-term." Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance Last week in The War Room, I noticed multiple insider buys on Wolfspeed (WOLF). The semiconductor company was in the news after ousting its CEO due to slow performance from low electric vehicle demand. This catalyst had me alerting members that the shares could go up. And lo and behold - that's exactly what happened. The shares were up early on Nov. 18. But then things got more interesting… A few days later, there were multiple insider buys on the company. On Nov. 20, four top officials bought shares, which fits my criteria for a cluster buy. Cluster buying is one of my favorite buying signals, and it wasn't long before WOLF reacted positively to the news. The next day the stock went up 14%. As you'll see in the chart above, WOLF shot up late last week to near $7.50. This is a good example of how insider buys can pay off in the short-term. In the case of Wolfspeed, there was a pop within a few days. Trading based on insider buys is simple. Since insiders only buy when they think a stock is going to go up, that's when you know the company could move in the upward direction. I alerted War Room members to this play and several of them rang the register in 1 trading day. Here's what a few of them had to say. | 
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