The largest insider buy on today’s list is a Form 4 filing by Jan Barta of Pale Fire Capital.
Barta now owns 2,658,550 shares of Groupon $GRPN, which represents an ownership stake of approximately 9%. [Read more…]
Expert technical analysis of financial markets by JC Parets
by David
The largest insider buy on today’s list is a Form 4 filing by Jan Barta of Pale Fire Capital.
Barta now owns 2,658,550 shares of Groupon $GRPN, which represents an ownership stake of approximately 9%. [Read more…]
by David
In the activist world, Bill Ackman announced that Pershing Square exited its position in Netflix $NFLX, as the stock was plunging lower by 35% on the heels of a disappointing earnings report.
It’s estimated that the hedge fund lost over $400 million on the position, which was just purchased back in January.
by David
This is the video recording of our April 20, 2022, Inside Scoop Weekly Strategy Session.
by David
The only insider buy on today’s Hot List is a Form 4 filing by the CEO of Solo Brands $DTC, who reported a purchase of roughly $486,200.
In the options market, there was bullish options activity in the social media platform Pinterest Inc $PINS and in the retail pharmacy operator Walgreens Boots Alliance Inc.
by David
Today’s Hot List is a short one.
Durable Capital Partners continues to build its position in the language-learning website and mobile app Duolingo Inc $DUOL.
by David
We’ll lead off today with an update on the big activist story we’re all paying attention to.
After meeting last week to discuss Elon Musk’s takeover offer, Twitter’s $TWTR board announced the adoption of a “poison pill” that makes it economically untenable for Musk to acquire more than 15% of outstanding shares.
It’s also being rumored that Musk is considering taking on partners for his bid for the company.
From the desk of Steve Strazza @Sstrazza
We’ve discussed a number of new setups during our live strategy sessions the past two weeks.
Today, we’re going to reiterate some of our favorites that are still actionable.
Click here to watch the replay of Wednesday’s call if you missed it.
We also have a new name from the oil and gas space that just broke out to fresh highs following some insider buying earlier in the year.
Commodity stocks keep working and insiders keep buying them. As long as this is true, we’re going to keep buying them too.
Before we get to our new setup, let’s recap some existing trade ideas.
by David
In a letter to the board of directors, Elon Musk has made an unsolicited bid to buy 100% of Twitter $TWTR in an all-cash deal.
He’s offering $54.20 per share, which represents a 54% premium from when he began investing in the stock and a 38% premium from the time it was announced.