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The Week Democrats Found Religion and Republicans Found Science

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POTUS tweeted he tested positive for Covid-19.  Tellingly it was the most liked Trump tweet ever.  The President’s demand for loyalty is now looking like it could extend to death as Trump conducts super spreader events and legions of followers succumb to the virus. The market had its worst September in 9 years.  Insider buying was anemic.   In spite of the headlines, the market was up 1.52% for the week.  Our notable insider buys were up 5.12% STEELCASE INC up 14.44% At Home Group Inc. up 12.10% PHILLIPS 66 PARTNERS LP  up 5.12% GOLUB CAPITAL BDC Inc. up 5/09% Douglas … Read more

‘s Refinery Blows Up- Better to be Lucky than Good

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Insider Buying Week Ending June 21, 2019 PBF Energy CEO Buys $950,000 in Stock Moments before Competitor’s Refinery Blows Up reminding me of the saying when it comes to Wall Street, Sometimes It’s Better to be Lucky than Good Ron Perleman thinks Scientific Games is his lottery ticket. Investors aren’t so lucky. Prospect Capital Corp insiders like its 10% plus yield yet the stock is lower now than a year ago in spite of the bull run in yield sensitive names. Medicine Man Technologies is no cure for poverty.  Insiders can play games too. Insiders sell stock for many reasons, … Read more

Occidental Petroleum Insiders Say Enough is Enough- Our Stock is too Cheap to Ignore

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Insider Buying Week Ending June 14, 2019 Occidental Petroleum insiders say enough is enough, quit trashing our stock by collectively buying over $4 million worth in the open market. Oil stocks are big underperformers but ever since Oxy announced the purchase of Anadarko, the stock has been in free fall. American Asset Trust insiders buying at new highs and continue to get rewarded at this diversified REIT. REMAX founder and once barred insider Linder returns with a vengeance scooping up another $2.9 million adding to his buys from last week. Guess CEO increases his holdings by over 230% buying nearly … Read more