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Notable Insider Buys and Sells Week Ending May 3, 2019 or Sell in May, Go Away

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  Several new buys this week signaled a return to animal spirits for a small group.  The majority of corporate America beat the drum beat, sell in May, Go Away. The market marched to a new high but not every stock participated. These buys represent value in an overvalued market, perhaps one long in the tooth.  We don’t aim to predict tops or bottoms but when insiders buy large amounts of their own company’s stock, they do it for one reason; to make money. We are highlighting notable buys over $200,000 as this represents something more than window dressing. Buys … Read more

Most interesting insider buys and sells from last week

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The first every buy from Exxon Mobil XOM controller Patrick Mulva steps up and purchases $1 million at $89 on 3/13/13.  We are all over this one.  There are plenty of catalysts.  Exxon is a major player in the U.S. domestic gas market via its ill timed purchase of XO Energy. Natural gas usage is picking up momentum.  We’ve been blogging about this over the last two days and have done very well with our purchase of  Dresser Rand.  Also the refinery business is very lucrative for XOM.  They are the world’s largest refinery.  Have you noticed the price action of … Read more