Insider Transactions
It appears we had more large sell orders by insiders last week. And these are some big outflows. Here are some interesting insider transactions last week by some big names in the company. Remember insiders can sell shares for many reasons. Usually its nothing to worry about. But these are big sells. Cant ignore.
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SpyderCallOP : one very peculiar insider buy involving $Party City Holdco (PRTY.US)$
iamiam : the X is very interesting to me, this seems like a tax sale, and I will wait to see if they buy back. Steel just completed cycle wave 1 and is in wave 2, so they could be geniuses. I didnt notice any other steel producers
SpyderCallOP iamiam: i was thinking something along the same lines. Ride the wave. and let everybody think they are selling before they load up for the next leg up. Commodities rally is still hitting. their earnings should be great. im just worried if oil goes down too much. it has been said it will stay high for a minute. but with this Shanghai virus/demand control, the next leg up might be stalled. i dunno what to think. maybe they are waiting for the russians? im waiting for the next market catalyst at this point. for now its commodities earnings. if the earnings get a bad reaction then im thinking the market wants to go elsewhere????? Question mark???
Howardy : futes rippin hard BUY