Removing Legal Uncertainties Is Good for Business – and Shares
Investors don’t like it when a company has a legal problem hanging over it. That’s because the court system can take time, and considerable amounts of money, to fend off a legal battle. Resolving a legal issue can lead to a rally in the short-term, even if there are big costs involved. That’s because taking the uncertainty off the table is good for shares looking forward over the long term.
Discover Financial Services (DFS) just reported that they had to address shortcomings ...
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Discover Financial Services (DFS) just reported that they had to address shortcomings ...
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Insider Activity Report: Dollar General (DG)
Carman Wenkoff, CIO at
Dollar General (DG), recently bought 2,000 shares. The buy came to a total of $212,500, and increased his holdings by 7 percent. That marks the first insider transaction at the retailer since June, when a company director bought 8,500 shares, paying just over $1.3 million. Other company insiders were buyers in June as well. Going further bank, insiders were sellers in 2022 and 2021, almost exclusively after the exercise of stock options. Overall, company insiders own 0.5 percent ...
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Dollar General (DG), recently bought 2,000 shares. The buy came to a total of $212,500, and increased his holdings by 7 percent. That marks the first insider transaction at the retailer since June, when a company director bought 8,500 shares, paying just over $1.3 million. Other company insiders were buyers in June as well. Going further bank, insiders were sellers in 2022 and 2021, almost exclusively after the exercise of stock options. Overall, company insiders own 0.5 percent ...
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Unusual Options Activity: The Charles Schwab Corporation (SCHW)
Brokerage firm
The Charles Schwab Corporation (SCHW) has seen shares drop about 25 percent over the past year. One trader is betting on a long-term rebound. That’s based on the March 2024 $80 calls. With 163 days until expiration, 5,744 contracts traded compared to a prior open interest of 248, for a 23-fold rise in volume on the trade. The buyer of the calls paid $0.24 to make the bullish bet. Shares recently traded for about $53.50, so shares would need to rally ...
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The Charles Schwab Corporation (SCHW) has seen shares drop about 25 percent over the past year. One trader is betting on a long-term rebound. That’s based on the March 2024 $80 calls. With 163 days until expiration, 5,744 contracts traded compared to a prior open interest of 248, for a 23-fold rise in volume on the trade. The buyer of the calls paid $0.24 to make the bullish bet. Shares recently traded for about $53.50, so shares would need to rally ...
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Time to Buy Great Companies at a Decent Price
When the market is selling off, investors will often go to cash first and then wait for the all-clear. That can result in missing out on the start of the next rally. An alternative strategy is to buy great companies once they reach a good price. It doesn’t have to be the best price, as an industry leader can recover from a market selloff and move higher over time. With the markets fearful of a government shutdown, defense stocks have been trending ...
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Insider Activity Report: Plains GP Holdings LP (PAGP)
Willie Chaing, CEO of Plains
GP Holdings LP (PAGP), recently bought 62,000 shares. The buy increased his stake by 20 percent and came to a total cost of just over $1,000,000. Chaing was the last buyer of shares with a 75,000 pickup back in May. That also totaled about $1,000,000, and increased his position by 31 percent. A company director bought 1,000 share last August as well. Otherwise, there has been no other insider activity over the last two years. All told, company ...
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GP Holdings LP (PAGP), recently bought 62,000 shares. The buy increased his stake by 20 percent and came to a total cost of just over $1,000,000. Chaing was the last buyer of shares with a 75,000 pickup back in May. That also totaled about $1,000,000, and increased his position by 31 percent. A company director bought 1,000 share last August as well. Otherwise, there has been no other insider activity over the last two years. All told, company ...
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Unusual Options Activity: The Gap (GPS)
Clothing retailer
The Gap (GPS) has outperformed the market this year, with a 30 percent gain. One trader sees shares pulling back in the next few weeks. That’s based on the October 20 $10.50 puts. With 17 days until expiration, 16,663 contracts traded compared to a prior open interest of 432, for a 39-fold rise in volume on the trade. The buyer of the puts paid $0.50 to make the bearish be Shares recently traded at about $10.50, so the stock would need ...
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The Gap (GPS) has outperformed the market this year, with a 30 percent gain. One trader sees shares pulling back in the next few weeks. That’s based on the October 20 $10.50 puts. With 17 days until expiration, 16,663 contracts traded compared to a prior open interest of 432, for a 39-fold rise in volume on the trade. The buyer of the puts paid $0.50 to make the bearish be Shares recently traded at about $10.50, so the stock would need ...
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Invest In Companies Providing Services You Can’t Avoid
The investment world is full of products and services. Many are essential, such as food and gasoline. Others are more discretionary, like airfares and vacation destinations. When the economy gets uncertain, however, consumers tend to pull back spending on discretionary items and focus more on staples. Those staple goods and services cost more these days. While that’s unfortunate as a consumer, it could be beneficial to shareholders who buy at a reasonable price. One essential for consumers soaring in price today is ...
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Insider Activity Report: Postal Realty Trust (PSTL)
Andrew Spodek, CEO at
Postal Realty Trust (PSTL), recently added 10,000 shares. The buy increased his stake by 1 percent, and came to a total cost of $137,500. The CEO has made a total of 5 buys since mid-August, picking up nearly 40,000 shares in total. Going further back, the company CFO sold shares in June and July, and company directors were buyers in the middle of last year. Overall, company insiders own about 6 percent of shares. The real estate investment trust ...
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Postal Realty Trust (PSTL), recently added 10,000 shares. The buy increased his stake by 1 percent, and came to a total cost of $137,500. The CEO has made a total of 5 buys since mid-August, picking up nearly 40,000 shares in total. Going further back, the company CFO sold shares in June and July, and company directors were buyers in the middle of last year. Overall, company insiders own about 6 percent of shares. The real estate investment trust ...
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