SFNC

Some Insiders are Killing it- Everything is UP- Week Ending February 7, 2020

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Wow- did you see our pick of the week, Groupon?  Groupon rocketed over 50% Friday on better than expected quarterly earnings and an enormous short squeeze. GRPN traded 13 times normal volume which makes it prime for a price reversal. I listened to the earnings call and not sure how convincing the turnaround story will be. Didn’t hear on attaboy from the handful of analysts obligatorily covering the fallen unicorn.  It’s still mind number to think they turned down $5.7 Billion from Google. I’m going to make a mental note that when Google offers me $5.7 billion for my company, … Read more

‘s Getting Interesting- Insider Buying Picks Up Week Ending 8-9-19

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After weeks of dull action, insider buying has finally picked up. Part of it is the end of 2nd Quarter earnings blackout and part of it is the market sell-off.  The highlights: Charlie Egren, the founder of Dish, is making a massive bet on 5G, buying assets in the pending TMobile Sprint network and committing billions to buy more bandwidth.  Its a bet the farm expensive gamble on a player late to the game.  But if the competing networks are slow in getting 5G rolled out, Dish might be able to lumber in and get a piece of the future … Read more