MBIO

Worried about Empty Holiday Shelves? Not at your local Cannabis Dispensary-Insider Buying week 11-12-21

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Curious how well insiders are doing with their buys? Click on this link or image above to scroll the significant buys of the last year. The game changes this week. Earnings restricted blackouts are winding down as most companies have now reported the 3rd quarter.  Insider buying ramped considerably and you should have a lot of fun reading this week’s blog post. There are a lot of tea leaves to pick through.  Insiders don’t explain the logic of their big purchases.  We have to let the dollars speak for themselves and we can only imagine what they are saying. Add … Read more

Insider Buying Picks Up Dramatically Week 8-06-21

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For trade, details click on this link to the trades.  Name Sachs Bruce I Position: Director Shares Bought: 15,000 Average Price Paid: $197.91, Cost: $2,968,650 Company: Vertex Pharmaceuticals Inc. (VRTX) Vertex is a global biotechnology company that invests in scientific innovation to create transformative medicines for people with serious diseases. The company has multiple approved medicines that treat the underlying cause of cystic fibrosis (CF) – a rare, life-threatening genetic disease – and has several ongoing clinical and research programs in CF. Beyond CF, Vertex has a robust pipeline of investigational small molecule medicines in other serious diseases where it has … Read more

Market Posts a Down Week but Tupperware and Mustang Bio Insiders are Buying March 19th

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For trade details click on this link to the trades Company Ticker % Change MUSTANG BIO Inc MBIO 13.46% TUPPERWARE BRANDS CORP TUP 9.52% TUPPERWARE BRANDS CORP TUP 6.93% HC2 HOLDINGS Inc HCHC 6.84% GoHealth Inc. GOCO 5.45% GoHealth Inc. GOCO 5.45% MYERS INDUSTRIES INC MYE 4.14% CROWN CASTLE INTERNATIONAL CORP CCI 2.88% Keurig Dr Pepper Inc. KDP 2.52% TIPTREE Inc TIPT 1.79% COMSCORE Inc SCOR 0.01% Limoneira CO LMNR -0.75% VICI PROPERTIES Inc VICI -0.81% ORACLE CORP ORCL -1.50% APARTMENT INVESTMENT & MANAGEMENT CO AIV -3.06% TUPPERWARE BRANDS CORP TUP -3.99% Biohaven Pharmaceutical Holding Co Ltd. BHVN -7.28% Bandwidth … Read more

Everyone is talking about Tesla and not Tupperware- go figure.

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For trade details click on this link to the trades MUSTANG BIO Inc up 16.35% TUPPERWARE BRANDS CORP up 11.58% Asana Inc. up 3.80% CROWN CASTLE INTERNATIONAL CORP up 2.52% First, the market.  It definitely feels heavy to me and admittedly I’m nervous going long into tax season.  Lots of investors sold stock last year to lock in lower capital gains rates in fear of the Biden administration raising the tax rate on long-term capital gains or perhaps any gains. The first two weeks in April are tough. They usually are as people sell stock to pay for their taxes.  … Read more

‘m Giving Robert Coury another Change to F*ck Me, Insider Trading Week Ending 12-18-20

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For trade details click on this link to the trades   PROGENITY Inc up 38.05%  COO Silvestry bought 58,081 shares of PROG at $4.58.  Progenity announced on December 17th  that it is expanding the availability of COVID-19 RT-PCR testing across the United States to support the rising demand for testing. Testing is performed using the Thermo Fisher Applied Biosystems TaqPath COVID-19 Combo Kit, under Emergency Use Authorization by the FDA. Although the stock rocketed on this news combined with insider buying, it’s been a rough haul for shareholders.  Give this one a little time to pullback. PROG recently did a … Read more

Mercury General Auto Insurer Chairman Puts the Petal to the Metal

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 Mercury General Chairman George Joseph buys $9.2 Million more of this California property and casualty insurer.  MCY  with a current 6.4% dividend yield and a 34 year history of consecutive dividend raises, looks particularly tempting.  It’s off 44% from its high and the Chairman of the Board has bought $24 million worth of the company’s stock in the last 10 days. People are driving less, auto claims are down. The potential loss of reinvestment income due to lower bond rates seems overstated by this drop in price. Besides Mercury has been historically a  relatively bigger player in the equity markets, … Read more