SGMS

‘s Insider Buys

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Odonate ODT’s Chairman and CEO Kevin Tang has made open market purchases of more than $36 million in so far this June, including $10 million on the spot secondary at the highest price his paid all year.   This is a bet the farm investment but seems to be validated by the market as ODT stock has more than tripled this year. Three insiders buy AbbVie after Wall Street choked on their purchase of Allergan.  Do two out of favor big pharma companies add up to 4? Wall Street certainly doesn’t think so. Carnival Cruise CEO Donald Arnold bought just under … 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