ARES CAPITAL CORP

Insider Buying Week 5-5-23 Banking Blood Bath is it time to Buy?

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Insiders came out to play last week. It was not pretty, but insiders are bottom fishers, as a rule. They buy in force when prices are down when they perceive a bottom.  Regional bank insiders were all over the field scooping up prices that haven’t been seen since the Pandemic lows. Unfortunately, most of it was in regional bank stocks. Bank stocks are notoriously difficult to understand. First of all, they are highly leveraged, between 5-10% Tier 1 capital ratios which is the ratio of a bank’s core tier 1 capital—its equity capital and disclosed reserves—to its total risk-weighted assets.  Usually, that … Read more

Insider Buying Week 8-5-22 CARVANA NIRVANA

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  Curious how well insiders are doing with their buys? The Insider Report hit the ball out of the park Friday, August 5th. We hope you were in the stands with us to watch Carvana CVNA soar out of the stadium, up 40%. We have blogged about it several times in the Insiders Report. Numerous short sellers were saying that CVNA was going to go bust, and it reportedly had a short ratio of 40%, one of the largest out there. That means 40% of the holders of Carvana were betting it would go down, not up. Today they felt a … Read more

‘s 5% Decline

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  Curious how well insiders are doing with their buys? Scroll through the significant buys of the last year. The S&P 500 lost over 6% points last week after losing 5% in the previous week. Stocks don’t fall like this unless there is something really wrong. I’m trying to figure that out and the only thing that I can come up with is that the Fed has been bullied into raising interest rates into a weakening economy. Raising interest rates to bring down the price of oil or to untangle the supply chain disruptions is an act of lunacy.  The … Read more