Month: January 2020

$AAL American Airlines Coronavirus has muted effect- revenue guaranteed by Boeing

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American Airlines has less Asia revenue than its’ peers UAL and Delta but has sold off even more. Considering that Boeing is reimbursing the airline for lost use of the 737 MAX this provides a built-in buffer.  American has been lagging its own projections because of a shortage of planes, not demand.  A demand hit caused by the virus is in part paid for by Boeing by virtue of the MAX grounding. American just reported great earnings even with significant operational challenges. CEO Parker on the recent earnings call said that American would have two year FREE cash flow of … Read more

Lovesac might be Love Shack -Insider Buying Week Ending 1-17-20

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We are hard pressed to find much opportunistic in this week’s insider buying reports unless you think 20,000 newly acquired shares of Lovesac by the Chairman might do anything to arrest this falling knife.   Then again it wouldn’t take much to enact a counter trend rally.  LOVE is exactly that kind of small-cap neglected name is making giant one day moves in this current state of the broader rally.  Their sectional sofa line, affectionally named Sactionals might just be the product that moves the stock higher.  The company reported 40% revenue growth on Jan 13th,  although yet unprofitable. One of … Read more

Notable Insider Buying Week Ending 1-10-20

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Not much happened in the world of insider buying last week. The vast majority of insiders are blacked out from buying or selling their stock during the period immediately before the release of 4th quarter earnings. The few that did make buys were hardly noticeable or worthy of exploring. The largest buyer last week was the CEO of Franchise Group Inc. FRG is the old Liberty Tax now focused on the evaluation and acquisition of franchise-oriented or complementary businesses. I spent some time researching this. It’s basically at this point a private equity company with a public stock they can … Read more

Notable Insider Buys Week ending Jan 3, 2020

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  Duncan is at it again, buying massive amounts, $6.8 million at an average price of $27.90, of midstream E&P company, Enterprise Products Partners, LP.  EPD yields a little over 6%. Next on the list is Director Omtvedt’s purchase of 40,000 shares of food conglomerate Conagra Brands at $33.99. This was particularly notable because not only did he more than double his holdings, this purchase was made after the stock rose 18% on a Q2 earnings beat and a higher than expected organic sales growth of 1.6%. This long time food industry executive has been a board member since 2016. … Read more

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