insider buying

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

Cluster insider selling is not a cluster**ck

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I’ve spent the last two days going over cluster insider selling reports from the Washington Service.  It’s generally agreed that insider selling is not as useful in predicting stock prices as buying but cluster selling does have some onerous implications.  If the consensus opinion at a company is that management wants to lighten up, then you have to ask yourself why you are plunking down your hard earned money on their stock. There’s an obscene amount of insider selling going on right now.  I guess I say obscene because I wish I had Peter Thiel’s $450 million dollars worth of … Read more

Miserable May bodes well for the future

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Although the S&P is down nearly 10% from it’s April highs, I’m more optimistic than I’ve been in some time.  Low interest rates really appear to be a long term fixture and not a financially engineered aberration.  The REAL  risk free rate of return is really quite low and based on the DCF model, many, many stocks are undervalued even with diminished growth prospects.  Insiders are beginning to acknowledge this with stepped-up buying.  The lesson from last year and perhaps every year is that you have to buy when despair is high and prices are cheap.  It’s important to do … Read more

Stocks with massive insider buying

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You can only speculate why an insider purchases significant amounts of their own stocks.  Of course they expect to make money.  That’s a given.  But buying stock in your own company is a hazardous process to start with due to something known as the “short swing rule”.  Quoting from Wikipidia, A short swing rule restricts officers and insiders of a company from making short-term profits at the expense of the firm. It part of United States federal securities law, and is a prophylactic measure intended to guard against so-called insider trading.[1] The rule mandates that if an officer, director, or any shareholder holding more than 10% of … Read more

Stocks To Watch Today – Barrons.com

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Aug 12, 2011 8:38 PM Biggest Insider Buying Week Since March ’09; Where & Who Posted by Dimitra DeFotis Insiders haven’t been buying up their company stock at this pace since the market bottom in 2009. While high volumes of insider activity falsely heralded a market bottom in November 2008, Ben Silverman at InsiderScore.com notes that no significant upside market correction lacked insider purchases over the past three decades. The latest buying was across sectors and may have peaked mid-week, though buying at financial services companies picked up while technology and energy insiders seemed to sit out some of the … Read more

‘s have been scooping it up.

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In a CNBC interview Wednesday, TD Ameritrade Chief Executive Fred Tomczyk said the Omaha, Neb.-based online brokerage processed more than 900,000 trades Monday, adding that “four of the last five [trading] days have been records” for the company, in terms of trading activity.  While retail has been dumping, insider’s have been scooping up stock, graph courtesy of Washington  Service