Insomniac Hedge Fund Guy

Top Stocks Insiders are Buying and Unloading Now

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 In this report we examine stocks that C-level officers and directors  bought and sold ending the week of September 22nd, 2017.  Insiders sell stock for a variety of reasons but they generally buy for just one, to make money.  We only look at material amounts of money, $100k or more, as anything less could be window dressing.  The bar is different on selling as the natural state of management is to be sellers.  Most companies provide significant amounts of their compensation packages as stock. Therefore we analyze selling for unusual patterns; such as insider selling 25% or more of their … Read more

Top Stocks Insiders are Buying and Unloading this Week

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 In this report we examine stocks that C-level officers and directors  bought and sold ending the week of September 22nd, 2017.  Insiders sell stock for a variety of reasons but they generally buy for just one, to make money.  We only look at material amounts of money, $100k or more, as anything less could be window dressing.  The bar is different on selling as the natural state of management is to be sellers.  Most companies provide significant amounts of their compensation packages as stock. Therefore we analyze selling for unusual patterns; such as insider selling 25% or more of their … Read more

$QCOM Qualcomm, please settle with Apple and move on!

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Our read here is that both companies will ultimately end up winners. We are long QCOM but have no idea on the time frame for this investment and it has yet to make us any money.  This Bloomberg piece is one of the better pieces written on this complex situation. Qualcomm is at the center of a secular revolution in semiconductors and we are highly confident in the long-term future.  First there were personal computers, next the Internet, then smart phones, and the next leg up will be automobiles of all types; traditional, battery, and autonomous.  Semiconductors are at the … Read more

$AMC CEO Aron puts his money where his mouth is in this CNBC breaking interview

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AMC wants to break film’s fourth wall with bet on virtual reality 53 Mins AgoAdam Aron, AMC Entertainment president & CEO, and Kevin Wall, Dreamscape Immersive co-chairman, discusses AMC teaming up with Dreamscape to bring virtual reality to the movie theater experience. I’m dubious about VR in a movie theatre when its hard enough to pull off an engaging immersive experience with a dedicated headset and high end graphic chips in a computer but what appeals to me here is two fold: CEO all but leaks that business is great in September and things the holiday season will be big. … Read more

Top Stocks Insiders Buying and Unloading this Week at TheInsidersFund.com

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 In this report we examine stocks that C-level officers and directors  bought and sold ending the week of September 22nd, 2017.  Insiders sell stock for a variety of reasons but they generally buy for just one, to make money.  We only look at material amounts of money, $100k or more, as anything less could be window dressing.  The bar is different on selling as the natural state of management is to be sellers.  Most companies provide significant amounts of their compensation packages as stock. Therefore we analyze selling for unusual patterns; such as insider selling 25% or more of their … Read more

SEC Discloses Edgar Corporate Filing System Was Hacked in 2016 – WSJ

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SEC Discloses Edgar Corporate Filing System Was Hacked in 2016 Breach may have allowed trading that profited from nonpublic information, regulator says Source: SEC Discloses Edgar Corporate Filing System Was Hacked in 2016 – WSJ It’s no surprise that hackers would covet this information but you don’t have to steal it. The SEC mandates that officers, directors, and 10% shareholders file a Form 4 detailing their buying and selling of their companies’ securities within 48 hours of the date of the transaction. The SEC makes this info immediately available to the public. This is as close to “inside information” as … Read more

Top Stocks Insiders are Buying and Unloading Now

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Buying American Homes for Rent AMH Chairman of the Board, Hugh Wayne, bought a monstrous $30 million worth of this REIT increasing his holdings by 12.9%.  I have watched Mr. Wayne purchase stock for sometime in this low yielding REIT and have been curious as to the end game.  It was established in 2012 by Public Storage founder Wayne Hughes after scooping up thousands of foreclosed homes.  I believe the plan is simple, profiting from once in a life time housing meltdown, lack of affordable housing, raising rents, and then ultimately selling the homes at greater prices.  Undoubtedly it will work … Read more

‘s time to be logical and unemotional BUY NOW

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Equifax EFX is down to around $98  losing almost  40 points from $140 just days ago on that revelation that 143 million people with sensitive data such as social security numbers , birthdays and addresses had been stolen by an unnamed criminal enterprise. Equifax is one o the three big credit monitoring companies that pretty much impacts everyone’s life in this country. This is a detailed probability analysis of the effects of this breach. Risks and outcomes Business risk- Equifax primarily sells credit history data to banks, various lenders, employers, etc people who use their unique database of consumer buying … Read more

China to Ban Sale of Fossil Fuel Cars in Electric Vehicle Push – Bloomberg

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China to Ban Sale of Fossil Fuel Cars in Electric Vehicle PushBloomberg NewsSeptember 9, 2017, 5:54 AM MDTRegulators are working on a timetable of the ban, Xin saysChina joins U.K., France to phase out combustion-engine carsChina will set a deadline for automakers to end sales of fossil-fuel powered vehicles, a move aimed at pushing companies to speed efforts in developing electric vehicles for the world’s biggest auto market. We have been looking for ideas to invest here besides Tesla for some time. We’ve been in and out of SQM, (should have been in more).  Besides ALB and FMC there are no … Read more

Stocks insiders are buying and unloading week ending Sept 1 2017

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Buys Beleaguered COTY had an officer add another $1.3 million to his stake after Coty drops 20% after disastrous earnings report. Note Mr. Huber is an officer of the company and has not shown very good timing as he is down over 5% on his last $1.5 million dollar purchase.  None the less there is not much insider buying going on so its noticeable. Director Trapani steps up big and buys $12.1 million worth of luxury jeweler Tiffany at average prices of $89.  This is an interesting buy but Tiffany looks fully valued and based on two DCF tools we … Read more

Time to buy more airlines $DAL,$UAL,$LUV

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I think the Trump admistration will eventually throw US carriers a big bone with some sanctions against the Gulf carriers and other state owned airlines plus some insider buying, low valuations, strong cash flow, Buffett long term sponsorship,and low fuel prices long term.   DAL and LUV are clearly the best run companies.

| Oil and Gas Investor $OXY

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A Tsunami Of New Shale Production by Richard Mason Chief Technical Director Hart Energy 2017/08/04 1,004 26 Fasten those seatbelts. Oil and gas has a been busier than commonly understood and the tsunami of accelerating field work in first-half 2017 will add significant crude oil production by year-end 2017. (Source: Hart Energy)A version of this story appears in the August 2017, edition of Oil and Gas Investor. Insiders continue to add to their positions at OXY with two directors buying 10,000 shares each at $61.58 and $61.77.  We like the 5.16% dividend yield and their position in the Permian.  Oxy has … Read more

Enercom day 2

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Chief Oil Economist DNB Bank  Global View on Oil Market Most unplanned shutdowns since 2011. Opec cut production but did not cut exports. OPEC exported from inventory so inventory drew down. US rig count increased 10 rigs week versus their estimate of 5 OPEC Waterborne Crude exports have come down Saudi Arabia had drawn down 33% of its foreign reserves Demand growth is surprising to the upside Stock draws if OPEC deliver according to our base case Shale growing massively in the US Not in oversupply any longer on the global picture US Shale needs 400k barrels per day to … Read more

Day 1 Enercom Denver

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This year’s annual ritual, the Enercom Oil and Gas conference in Denver, kicked off with a recurring theme: Commodity prices are low, producers are lowering costs, and producing more. Nothing here to make you want to jump on the black gold bandwagon. But then again, the world is a dangerous place, probably becoming more dangerous and the global supply of hydrocarbons could be disrupted. The mood is somber and nothing remotely like a “trumped-up oil and gas frenzy.  Until something disrupts or dampens supply, we believe all rallies in this space should be sold.  WTI under $50 is not a … Read more

Cure Lung Cancer Now $BMY Bristol-Myers Squibb (BMY) Could Be Worth $59-$75 In Takeout W/O CM-227 – Goldman

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Bristol-Myers Squibb (BMY) Could Be Worth $59-$75 In Takeout W/O CM-227 – GoldmanArticleGoldman Sachs maintained a Buy rating on Bristol-Myers Squibb Co. (NYSE: BMY) with a price target of $63.00.Analyst Jami Rubin says the stock could be worth $64-$74 per share depending on the varying degrees of success of CM-227. The analyst also notes that in a takeout scenario the stock could be worth $59-$75 per share with no value for CM-277. Source: Bristol-Myers Squibb (BMY) Could Be Worth $59-$75 In Takeout W/O CM-227 – Goldman   We believe CM-227 works so what is the price then?

The End of Typing: The Next Billion Mobile Users Will Rely on Video and Voice – WSJ

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The internet’s global expansion is entering a new phase, and it looks decidedly unlike the last one.Instead of typing searches and emails, a wave of newcomers—“the next billion,” the tech industry calls them—is avoiding text, using voice activation and communicating with images. They are a swath of the world’s less-educated, online for the first time thanks to low-end smartphones, cheap data plans and intuitive apps that let them navigate despite poor literacy.   Source: The End of Typing: The Next Billion Mobile Users Will Rely on Video and Voice – WSJ

How Reliable is Insider Selling? Not Very

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We look at insiders buying and selling of their companies’  stock. Analyzing insider selling can be tricky, though, and does not guarantee a negative outlook. People sell  for a variety of reasons: there are planned sales, employees retiring, and people just wanting to cash in their returns but they buy for one reason, to make money. It’s normal to see insiders selling on a regular basis. That doesn’t raise red flags. However, we look for unusual patterns: insiders selling at 52-week lows (not something you want to see in a stock you own), cluster selling, and smart insiders(those that have exhibited … Read more

Top stocks insiders are unloading week ending Aug 4th

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Vertex Pharmaceuticals [VRTX] insiders unload stock at a record clip, printing new shares and exercising them on average 7 years before they expire. That’s $96.8 million last week alone. Hasbro [HAS] insiders unload $88.5 million of shares last week.  Unlikely there are any Transforming toys or movies on the horizon. Intrawest Resorts Holdings [SNOW] C- Level officers take advantage of recent lofty stock price to unthaw some of their holdings.  $3.1 million. Wayfair [W] management can’t sell fast enough, 9 different insiders unload $42 million worth of stock. Earnings are Monday. We’re short a small amount of this high flying … Read more

Top stocks insiders are buying week ending Aug 4th

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Disgraced former Berkshire Hathaway executive Sokol buys $6,000,000 worth of Seaspan [SSW] as part of a planned purchase and management succession plan.  This is the first insider purchase in over 5 years at the shipping company Martin Landis Chairman of cellular  tower REIT Crown Castle Holdings [CCI] bought 30,000 shares at $110.64 for $3 million. Crown Castle (CCI) only began paying dividends in 2014, but the company currently offers income investors a high dividend yield near 4% with 6-7% annual dividend growth potential. Crown Castle also has an attractive business model with substantial recurring revenue, excellent free cash flow generation, and extremely … Read more

Utah Hedge Fund Trades on Insider Information and Ranks Amongst Top 10 in the World

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Harvey Sax’s The Insiders Fund generates one-year returns of 33.02% net of fees   PARK CITY, UT, August 2, 2017 – A small hedge fund based in Park City, Utah is gaining worldwide recognition for generating record breaking returns through its use of insider information. The Insiders Fund, managed by veteran investor Harvey Sax, has generated one-year returns of 33.02% net of all fees. That performance ranks the Fund amongst the top 10 “Long/Short” hedge funds in the world.   “Everyone knows the best stock market information is inside information,” says Harvey Sax, portfolio manager of The Insiders Fund. “It’s common … Read more

If I am not for myself who is for me?

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The Fund has returned 33.02% net of fees over the last twelve months ending June 30, 2017 versus the S&P 500 return of 17.90%. When you beat your benchmark by 84% you should crow about it for a moment as Rabbi Hillel intimates in his famous quote “If I am not for myself who is for me? If I'm just for myself, what am I?, If not now, when?” Please take a moment to check out our new website, insomniachedge.com/. We would love to hear what you think about it. Also be sure to sign up for our blog email … Read more

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Lululemon Athletica’s new co-chairman’s stock purchase was so earthshaking it could be felt even through the thickest of yoga mats.Glenn Murphy, who was named to the post in April, bought a whopping $5.55 million in Lululemon (ticker: LULU) shares, the largest on the open market since the company went public in 2007 and only the third insider purchase since 2009. Murphy paid an average of $55.50 each for 100,000 shares over June 26 and 27.Murphy is a former chief executive of Gap (GPS). Under his eight-year tenure that ended 2015, shares doubled. Since he’s left, Gap stock has tumbled 40% … Read more

Nasdaq stocks including Apple, Microsoft, Amazon see prices changed to $123.47

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I have often said the probability of the next crash lies greatest with computer glitches that cause investors to lose confidence in the pricing system, either by design by cyber-terrorists or computer glitches.  This story from FT reinforces this. Multiple Nasdaq-listed stocks, including Amazon, Microsoft and Apple, saw their share price as displayed on multiple platforms drop or rise to exactly $123.47 on Monday.Amazon.com saw its share price drop 87.2 per cent, while shares in Apple fell 14.3 per cent on Nasdaq. But Microsoft’s stock had jumped 79.1 per cent, eBay had jumped 253.5 per cent and Zynga’s share price … Read more