Insiders Largely Immune from Tech Momentum Sell-Off

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

Notable Insider Buying Week Ending 12-20-19

CB Duncan continues to amass sizable buys of Enterprise Products Partners, LP.  This midstream oil and gas operator  yields 6.29%. This seems like a buy in a low yield world but bear in mind, several MLPs  in this space yield double digits and have sizable insider buying as well. If you believe the combustion engine will be replaced by EVs in the next 10 years, don’t buy these MLPs. I for one don’t believe the market appreciates the complexity and cost of making lithium batteries. A director bought $1.28 million of peer Energy Transfer Partners at $12.79 per share, yielding … Read more