$AXS

Insider Buying Week 02-09-24 Is it the Super Bowl or the Ripping AI Bandwagon?

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Finally, there is some work to do in analyzing insider buying. It’s not much, but it’s better than the last three weeks of nonexistent purchases.  Still, the lazy move, and perhaps the best move, is to get on the AI bandwagon with the companies that have proven they can monetize Now.   The popular wisdom is that the stock market looks forward six months or so, but the reality is quite different. Earnings season is the proof of it. Companies that miss revenues and earnings expectations are punished with swift declines in share value. Those that significantly surpass expectations experience hefty, … Read more

The Best August since 1984 but Insider Buying Slows Down Some

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The following companies had large insider buying last week.  We are digging in to see what they see. For timely updates, follow us on Twitter. Pacific Ethanol Inc  PEIX Director Gilbert bought 72,800 shares at $3.55.  Ethanol has been a perennial bad investment but that seems to be changing.  Two things are shaking up the dynamics; the coronavirus has created unprecedented demand for alcohol based sanitizer and the prospects of a Democratic environmentally focused administration will increase the use of bio-fuels.  Even Archer Daniels ADM Director bought 11,100 shares at $44.75. PIEX is the leading producer and marketer of low-carbon renewable fuels in … Read more

These are the Insider Buys that Matter Week Ending 8-14-20

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Earnings season is almost over and with it the blackout period that restricts corporate insiders from buying their own company’s stock.  Animal spirits are lighting up the market as insiders are adding fuel to the fire with the biggest increase in buying since the March lows.  Normally insiders buy their stock when it’s cheap and you see less buying when the market is making new highs.  Not this time!  Barry Diller shook up the online gambling world with his Interactive Corp IAC  disclosure that it had gone over the 10% reporting threshold with its most recent purchase of 9,705,785  shares of MGM at … Read more

Some Insiders are Killing it- Everything is UP- Week Ending February 7, 2020

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Wow- did you see our pick of the week, Groupon?  Groupon rocketed over 50% Friday on better than expected quarterly earnings and an enormous short squeeze. GRPN traded 13 times normal volume which makes it prime for a price reversal. I listened to the earnings call and not sure how convincing the turnaround story will be. Didn’t hear on attaboy from the handful of analysts obligatorily covering the fallen unicorn.  It’s still mind number to think they turned down $5.7 Billion from Google. I’m going to make a mental note that when Google offers me $5.7 billion for my company, … Read more