Tech Stocks Long Overdue Comeuppance – Insiders are the Ultimate Value Buyer
Nothing like a thousand point drop in the Dow to remind you that stocks don’t go up forever. Neither do insiders blindly chase their stock price higher. Just the opposite. They are the ultimate “value” buyer. Tech crashed and burned last week all because an impulsive Japanese billionaire, Masayoshi Son, gambled $45 billion in call options on big tech names. At least that’s what they’d like you to believe. According to traders, there have been mammoth options trades that include buying call options on stocks like Amazon.com Inc., Adobe Inc., Netflix Inc., Facebook Inc. Microsoft Corp, generating chatter across Wall Street.The following companies … Read more