11323

Insider Trading Report: FAST Acquisition Corp (FAST)

Chatham Asset Management, a major holder at
FAST Acquisition Corp (FAST), recently acquired another 395,000 shares. The buy increased the fund’s stake by over 13 percent, and came to a total cost of just over $4.6 million. The fund has been a regular buyer throughout the month of July, picking up over 1.1 million shares in total at a price of over $11 million all told. Prior to that, another major holder was a seller of shares throughout late 2020. FAST Acquisition ...
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11325

Unusual Options Activity: Morgan Stanley (MS)

Shares of investment bank
Morgan Stanley (MS) have nearly doubled in the last year. One trader sees the potential for a further move higher in shares in the months ahead. That’s based on the February 2022 $100 calls. Expiring in over six months, over 11,220 contracts traded against a prior open interest of 215 contracts, for a 52-fold rise in volume. The buyer of the calls paid about $5.10 to do so. The bank’s strongly performing share price stands against a relatively slow ...
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11314

10 Electric Vehicle Stocks to Buy Now According to Goldman Sachs

10 Electric Vehicle Stocks to Buy Now According to Goldman Sachs There are several megatrends sweeping the world right now. One of them could lead to a $30 trillion global industry by the end of the decade. It’s an industry that was just in its infancy a decade ago, but is just now starting to ramp up the traditional S-curve of the business model that can lead to the biggest profits. Best of all, while it’s been led by the private sector, government ...
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11308

Market Fears Point to Potential Buying Opportunity

The past few months have been brutal for cryptocurrencies, which went from a total market cap over $2 trillion to shedding over half its market value in just a few weeks. One culprit? China, which banned cryptocurrency mining. While the global mining network is reestablishing itself in friendlier jurisdictions, there’s rising concern over how long that will take and if the market will be flooded with used mining equipment. Such equipment is usually in the form of high-end graphics cards, which ...
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11310

Insider Trading Report: Ames National Corp (ATLO)

James Larson, a director at
Ames National Corp (ATLO), recently picked up 1,300 shares. The buy increased his stake by just under 4 percent, and came to a total value of around $30,000. A number of other insiders also acquired shares around the same time, in amounts ranging from $3,500 to $5,000, in what looks like an options exercise. Company insiders, both directors and officers, have been accumulating shares over the past three years with no insider sales. Overall, company insiders own ...
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11311

Unusual Options Activity: Las Vegas Sands (LVS)

Shares of casino giant
Las Vegas Sands (LVS) have been trending down since mid-March, and now stand near a six-month low. One trader sees shares breaking off the low and moving higher once again. That’s based on the May 2022 $62.50 calls. With 298 days until expiration, over 35,780 contracts traded against a prior open interest of 677, for a 53-fold jump in volume. The buyer of the calls paid $2.21 on average. With shares around $47, they would need to rally 50 ...
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11303

This Hated Stock Has Massive Rebound Potential

A number of smaller tech companies exploded at the start of the year on the back of retail interest. Some of that speculation quickly died out. Even with markets still near all-time highs, these smaller players, which likely have better long-term growth potential, remain out of favor. One particular area where that holds true is with electric vehicles. It’s a potential $30 trillion market over the next decade as the trend of EVs goes mainstream. One of the more interesting companies in ...
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11304

Insider Trading Report: Dorchester Minerals LP (DMLP)

The Dorchester Minerals Operating company, the controlling entity for
Dorchester Minerals LP (DMLP), recently added 9,000 shares. That increased the operating company’s holdings by 54 percent, and came to a total value of around $150,000. Besides buys from the operating company, a number of insiders, including the CEO, CFO, and COO have been buyers in the past year. The last insider sale occurred in March 2020, and was made by a company director. Overall, company insiders own about 8.2 percent of shares. The ...
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