CRC

Insider Buying week 6-18-21

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For trade, details click on this link to the trades  All the talking heads made fools of themselves last week.  Powel said the economy was doing great; the Dow plummeted, its worst week since October of last year. The market marched in lockstep, giving up on the cyclical recovery trade, hammering banks, energy, material sectors, and lifted the neglected technology growth sector. The Fed said they got it that inflation was running hotter than they thought, and they might tweak interest rates higher a wee bit sooner.  Instead of interest rates going up, long-term interest rates plummeted, and the yield … Read more

Cutera, a great reopening play but were not chasing $CUTR- Is it time to Bloom Again? Buy $BE

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For trade, details click on this link to the trades A few names from last week’s insider buys stand out.  Insider buying/selling ratios are improving a bit as well. We are always on the lookout for beaten-up sectors in the market that start attracting insider buying. Last year between June and September regional bank insiders were buying their shares hand over fist. That turned out to be one of the best buying opportunities in this beaten-down sector.   The regional bank ETF KRE has beaten the S&P 500 by nearly 50% points during the last year. Last week we see two … Read more

Stock Market gets Clobbered- Insiders are Nibbling

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Insider Buying Week Ending May 31, 2019
Jay Hoag of Zillow Goes All In

Trump rocks market with trade wars on multiple fronts.  Impromptu tweet on Friday about tariffs on Mexico linked to immigration enforcement cap off a month that most investors would like to forget.  Monday’s action is likely not to be any better for FANGS with the news that the Justice Department is opening up an anti-trust investigation on Google aka Alphabet.   S&P 500 Wipes Out $4 Trillion in Its Second-Worst May Since the ‘60s.  Insiders are nibbling at a few names but in the short term are losing money like everyone else.

Is it time to buy oil and gas stocks? Well,the results of insider buying might surprise you

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The big name E&P companies apparently don’t think their stocks are cheap enough yet to buy. Buying is sparse considering the meltdown in share prices.  The following are the brave souls who are catching a falling knife.  Most are in secondary names, many of which you won’t recognize. BCEI BONANZA CREEK ENERGY INC $2B BOONE LYNN 12/5/2014 Purchase 11,000 $21.01 BCEI BONANZA CREEK ENERGY INC $2B CARTY RICHARD J 12/5/2014 Purchase 30,000 $20.90 CRC CALIFORNIA RESOURCES CORP n/a KORELL HAROLD M 12/5/2014 Purchase 100,000 $6.31 CRC CALIFORNIA RESOURCES CORP n/a ALBRECHT WILLIAM E 12/1/2014 Purchase 20,000 $7.48 CAM CAMERON INTERNATIONAL … Read more