The Willing Suspension of Disbelief- Insiders are Scarce Week Ending July 10th
Insiders buys were far and few in between last week. You can see them at this link to the trades- The most notable and outlandish was Harold Hamm’s monster buy of $47.6 Million of Continental Resources CLR at $17.77. This is all the more remarkable since June, Hamm has bought $178 Million of this beleaguered oil and gas Bakken fracking pioneer. Hamm has tons of this stock. Hamm is a big supporter of Trump who as much as he professes his love for the industry, the price of crude has cratered on his regime. Perhaps he feels oil will … Read more