Regulatory Fears Create a Buying Opportunity in One of the World’s Greatest Companies

Times are changing for many tech companies. Regulators around the world are looking into how tech companies collect and store data, or how they provide marketing or payment services to third-party providers. The latest company to take a hit? Apple (AAPL). Last week, a US District Judge ruled that the company need to allow developers alternative payment methods for purchases and apps made in the Apple app store. The ruling led to an immediate drop in Apple shares on Friday, with a ...
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Insider Trading Report: Farmland Partners Inc (FPI)

Paul Pittman, CEO at Farmland Partners Inc (FPI), recently bought 1,000 additional shares. The buy increased his stake by 0.04 percent, and came to a total cost of just under $13,000. The CEO was also the last buyer of shares back in March. Overall, company insiders have bought on 20 occasions in the past three years, with just 3 insider sales over the same timeframe. Overall, company insiders own nearly 17.5 percent of company shares. The company is a real estate company ...
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Unusual Options Activity: Merck & Co. (MRK)

Shares of pharmaceutical giant Merck & Co (MRK) have been trading roughly flat over the past six months following a selloff in shares. One trader sees the potential for a move higher in the coming months. That’s based on the November $75 calls. With 67 days left on the trade, over 41,300 contracts traded against a prior open interest of 494, for an 84-fold rise in volume. The buyer of the calls paid $1.88 to make the trade. Shares trade for around ...
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The Hardware Behind This New Megatrend Is Here

There are a number of big-picture trends likely to play out over the next decade. One of the more interesting is the evolution of social media from websites into a veritable “metaverse.” That’s a plan that Facebook (FB) in particular is looking at. The company has just unveiled its Smart Glasses hardware. The device can work with integrated-reality software to create an immersive viewscreen that can likely make a future metaverse interface possible. Priced at $299, the gadget has a number ...
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Insider Trading Report: West Bancorp (WTBA)

Patrick Donovan, a director at West Bancorp (WTBA), recently added 5,000 shares. The buy increased his stake by over 18 percent, and came to a total price of just under $150,000. This is the third buy from the director so far this month, with two buys of 2,500 shares each, for a total of 10,000 more shares this month. Insiders have overall been active over the past three years, but buyers have far outpaced sellers. Company insiders own just over 10 ...
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Unusual Options Activity: Discovery (DISCK)

Shares of media firm Discovery (DISCK) have been trending down over the last month. However, one trader sees the potential for a big return over the next year. That’s based on the January 2023 $40 calls. With 494 days until expiration, over 5,000 contracts traded, a 12-fold rise in volume from the prior open interest of 407 contracts. The buyer of the calls paid about $2.08 to make the trade. Shares of the company last traded just over $25 per share, so ...
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Merger Trends Point to Continued Market Strength

Many traders are expecting a market pullback. The question is how much stocks could drop in the next few months. It’s likely based on a number of factors to be a limited pullback at best. One top reason is simply the number of deals being made right now. If deal flow were slowing and mergers were going away, that would be a sign of poor market liquidity, a much bigger harbinger of a big market selloff. Yet mergers remain alive and well, ...
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Insider Trading Report: Petco Health and Wellness (WOOF)

Ron Coughlin, Chairman & CEO of Petco Health and Wellness (WOOF), recently picked up 46,600 shares. The buy increased his stake by just over 22 percent, and came to a total price of just over $1 million. This is the first insider buy since shares went public near the start of the year. At the start of trading, a number of company insiders made some smaller buys. Large owners have been sellers of shares, mostly back in June. Overall, company insiders ...
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