Fathers Day Insider Buying Week 06-14-24

The post took a backseat to Father’s Day last week. Looking closely, you can see me with DJI FPV goggles next to my son at Tunnel Park. In the background, the sun sets over Antelope Island in the Great Salt Lake. Considering the quarter end and recurring blackout period, there was an unusual amount of insider buying.  I will update the rest of the entries, so check back later in the week for more. You can be an insider, too– by clicking here   Name: Michael L Speiser Position: Director Transaction Date: 2023-06-07 Shares Bought: 76,200 Average Price Paid: $131.09 … Read more

Insider Buying Week 5-12-23 Prelude to Something but What?

Insiders are coming out in force to buy regional and community banks.  Normally significant insider buys are met with a predictable market response, a positive bounce between 3%-5%. This is not happening.  There is no urgency, as the stocks, for the most part, are lower than when the “informed investor” purchased the shares.  I like to believe that no one knows more about the business than the people running it, but banks may be a glaring exception to my dogma.  First of all, banks’ balance sheets are complicated and notoriously obtuse.   2008 should serve as an indelible reminder of that. … Read more