TSE

The Bold, the Inexplicable and the Good Soldiers- Insider Buying Week 9-17-21

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For trade, details click on this link to the trades.  There were quite a few buys last week and it took me longer than usual to update it. Also, I will provide a brief recap of the conversation I had with the Chief Medical Officer, Alexander A. Zukiwski at Casi Pharmaceuticals. Casi is a U.S. NASDAQ-listed biotech selling exclusively to the increasingly affluent Chinese middle class.  CASI is a penny stock that will turn into $dollars if things pan out the way I think. They have one approved revenue-producing product with an exciting pipeline. There is a high probability they … Read more

Insiders Put the Petal to the Metal as Animal Spirits Show Signs of Life

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Animal spirits are picking up.  This is the most buying we’ve seen since the market sell-off last December. One thing for sure, Insiders buy stocks when they think they are cheap.  Highlights are: Several insiders bought GE stock immediately prior to and immediately after Harry Markapolis’s interview on CNBC where he alleged fraud. Axogen Chairman bought $1 million worth of stock after the company she leads plunged 30% on weaker earnings forecast Outdoor billboard leader, Clear Channel newly appointed Chairman bought $913k at $2.28 per share.  CCO is loaded with debt. Three CIT insiders took advantage of low prices to … Read more

Notable Insider Buys and Sales Week Ending 12-14-18

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As the market has sold off, insiders are starting to take advantage of lower prices. This last week was disappointing as there were few notable buys.  They are listed below: Buys NMRK Newmark Group- CEO Barry Gosin purchased $9 million worth at an average price of $9.05 per share. Newmark Group, Inc. provides commercial real estate services in the United States and internationally. Its investor/owner services and products include capital markets, such as investment sales; and agency leasing, property management, valuation and advisory, and diligence and underwriting, as well as government sponsored enterprise lending, loan servicing, debt and structured finance, and … Read more

Panic around the corner? Notable Insider Buys and Sales Week Ending 12-7-18

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As the market has sold off, insiders are starting to take advantage of lower prices. We are not yet at a level  where insiders are full throated buyers but several are willing to bet sizable sums of money. Panic is around the corner but not here yet. We outline the most notable ones below. Buys MHK Mowhak Industries  Billionaire Filip Balcaen continues to bet on global carpet manufacturer Mohawk Industries.  It’s nice to have the luxury of waiting out market anxieties. UAL United Airlines Dir Edward Shapiro is batting 1000 when he purchased 30,000 at $92.57.  I personally think Southwest is … Read more