$CRGY

Insider Buying Week 12-15-23 Glad to See some Big Names and Big Dollars Returning to the Insider Buying Game

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While some stocks like the Magnificent Seven have had a phenomenal comeback year, many, many companies are depressed in value. We have no shortage of compelling investment ideas, but getting people to invest when values are low is the opposite of human nature. Paying particular attention to significant insider buying is one way to force that discipline on yourself. When not painting the tape or participating in required corporate ownership requirements, insiders are historically value buyers.  This week, we highlight what we think are notable buys. Although we pay attention to selling, we don’t write about this far more nuanced … Read more

Insider Buying Week 12-08-23 Energy Swooned, Some Insiders Stepped Up

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As we go into the final turn of the year, expect some modest profit-taking in the Magnificent Seven. I expect some good opportunities if mortgage rates drop enough for people trapped in their homes to make a move. The purchase this week by National Storage’s Co-Chairman adds some credence to this. The stock has already rallied significantly, but storage should grow if we pick up the American tradition of musical chairs and home swapping. As EV demand wanes and the threat of hydrocarbons being replaced by renewables seems more like fantasy than policy, oil prices fall to levels not seen … Read more

First Carvana now Cassava Short Sellers get Mauled Insider Buying Week 8-19-22

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“All good things come to an end,” so the saying goes. They don’t all come to an end bumping up against the 200-day moving average, though. The historic run in the market began to look just like a bear market rally with Friday’s across-the-board sell-off. The market notched its first losing week in the last five. This week had something very everyone. Short sellers got slaughtered betting against Carvana and Cassava but got their reprieve with the news that Ryan Cohen dumped his Bed Bath and Beyond.  BBBY cratered 40%, meme stocks like AMC and GameStop got crushed, and Bitcon … Read more