Good morning: Let me start at the start, then take it away… We saw the five-day moving average on insider-buying-to-selling in dollars and forms hit six-month highs… The Buy-Sell in Dollar amount is very positive…
Same goes on the number of filings… so this is bullish. But we would want to see some policy efforts that could help contain the damage from higher yields to start the quarter.
So, the crowd - who can buy - is leaning in right now. But we have to look at the numbers to get a sense of who is buying and if that is skewing the ratios a bit. It’s the same tape that we’ve seen for the last two weeks. Gamestop… Lennar with Berkshire… and Scully and Robo. We only track direct, personal, open-market purchases. Only one other name qualifies today. He’s BackWe can’t keep this guy away… Ryan Cohen bought $17.1 million more of GameStop (GME). This time he bought at $24.41, direct It was $22.94 just 10 days back, $23.48 last week, $24.41 now. Cohen’s now bought $70 million into GameStop (GME) since the middle of September… and he’s buying more of this at higher prices every time... The BanksEdgar Smith III is a director at First Guaranty Bancshares (FGBI). He purchaed $822,014 of company shares at $8.28. He owns more than 10% of the bank, and he’s buying a lot right now. Everything Else… Everything else is indirect… Southport Acquisition (PORT) and Corebridge (CRBG)… The big story is… GameStop. He won’t stop. Stay positive, Garrett Baldwin You're currently a free subscriber to The Insider Buying Report . For the full experience, upgrade your subscription.
|
0 Response to "Insider Buying Hits a Six-Month High. GameStop Won’t Stop..."
Post a Comment