Asana

‘t In Yet

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  Curious how well insiders are doing with their buys? Scroll the significant buys of the last year.  Last week was a predictable short-covering rally in the most savaged part of the market, high flying cloud stocks and a smattering of nonprofitable tech players. NASDAQ stocks shellacked the most typically and predictably bounced back  10-15%. But don’t kid yourself. This isn’t the real deal, at least not for most of the bag holders. Every market correction for the last 20 years or as long as we have data for ends and only ends with a tsunami of insider buying. Whether … Read more

Insider Buying week 12-03-21 -Let me Count the Ways I Hate SPACS

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Curious how well insiders are doing with their buys? Click on this link or image above to scroll the significant buys of the last year. I’ve been monitoring insider behavior and how it impacts stock prices for about as long as anyone out there I haven’t seen much that shocks me or changes my perception of the usefulness of this information.  Now I have.  Normally significant insider buying will put a floor on a down-trending stock.  That’s changed with SPACS.  No matter how encouraging the news is or robust the insider buying is, when you have big shareholders waiting in … Read more

Pounding the Table on $EVRG

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  For trade, details click on this link to the trades It’s hard to get excited about insider buying during an earnings blackout.  It’s even harder to get excited about it when there is only one investable idea but sometimes, maybe all the time, it just takes one good idea to make your fortune. That was certainly the case for Dustin Moscovitz, the CEO and Founder of Asana.  He’s been buying millions of dollars worth of stock in a company that he just brought public, a year ago for 3X the price it went public for. Normally it works the … Read more

‘t Lighting it Up

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For trade, details click on this link to the trades  The S&P was up 2% for the week and is up nearly 15% YTD.  No one knows what the direction is for the next six months but I would not take the under. Perhaps the most unusual thing is the supply of money seems endless. I think it’s a record year for IPOs, almost daily SPAC issuance, and all kinds of new and quite stupid crypto investments. It really seems such a waste that so much brainpower and money have gone toward solving problems that don’t exist.  The centralized finance … Read more