$FSP

Insider Buying Week 11-17-23 Few Buyers Lots of Sellers

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   There are a few insider buys this week. As usual, there are a lot of sellers.    Name: Roland D Diggelmann Position: Director Transaction Date: 2023-11-13  Shares Bought: 315 Average Price Paid: $1,026.54 Cost: $323,360 Company: Mettler Toledo International Inc (MTD) Mettler Toledo International Inc. is a global leader in precision instrumentation and services. The company has strong leadership positions in most businesses and worldwide market leadership. The company is known as an innovator, and solutions are vital in key R&D, quality control, and manufacturing processes for customers in various industries, including life sciences, food, and chemicals. The sales … Read more

One way this is not like 2008, Insiders are NOT Buying -Insider Buying Week 3-10-23

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This is LIKE 2008, contrary to what you may have heard about the recent Silicon Valley Bank failure.   Banks either don’t want to pay competitive deposit rates or can’t.  Competing with Fed Chairman Powel’s ~5%  treasuries is hard. Actually no banks can compete with it. Vast sums are being withdrawn from the banking system. Ironically the stock market is on the only place you will be able to compete with the yield crisis that the Fed is precipitating.  Many solid companies are paying good dividends with the likely prospect of raising them.  So tell me, how is this not like … Read more

The Fed has a Hammer but needs a Scalpel Insider Buying Week 2-24-23

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It’s a commonly held view amongst market strategists that the Fed follows interest rates, not determines them. You don’t have to look very far to see plenty of evidence of that.  It’s a quiet conspiracy amongst talking heads and futures markets that economic events and statistics are immediately reflected in real-time price action in the bond markets, dot plots, and other dynamic markets. The Fed will often talk up its view, and by the time they do take some action on rates, it’s hardly a surprise. This is, of course, by design. The Powell Fed believes in transparency and no … Read more

Insiders Largely Immune from Tech Momentum Sell-Off

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The Insider Fund had one of its best weeks this year, largely immune from the Nasdaq market momentum collapse. Investors that lack confidence bail easily.  Nothing engenders confidence more than seeing corporate insiders buying their own stock. The finger points the way to real time results.  If you are interested in our trades, follow us on Twitter.   CASSAVA SCIENCES INC  43.21% IGM Biosciences Inc.    38.01% Party City Holdco Inc.  18.49% FLEXSTEEL INDUSTRIES INC  16.10% GUESS INC  13.94% CHARLES & COLVARD LTD  13.51% Franchise Group Inc.  8.80% Biohaven Pharmaceutical Holding Co Ltd.   7.64% FLOTEK INDUSTRIES INC  6.25%  CRYOLIFE INC  4.51% SCHLUMBERGER LIMITED  4.35% AFFILIATED MANAGERS GROUP … Read more