10% Owner of General Cannabis Adds 2 million Shares and the Stock Looks Ready to Break Out

10% Owner of General Cannabis Adds 2 million Shares and the Stock Looks Ready to Break Out

General Cannabis Corp (OTCMKTS: CANN) is a Denver-based producer of products and services in the regulated cannabis industry. The company is an over-the-counter penny stock that has pulled back to its support. As the price has been establishing support over the past several weeks, a director and 10% owner bought over 2 million shares with the price trying to break out on Monday. CANN provides an integrated solution that ranges from operational and compliance to marketing and financing needs. They maintain a security and cash management segment; marketing and products; consultancy and ad...
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10 Actively Managed ETFs for Buy and Hold Investors

10 Actively Managed ETFs for Buy and Hold Investors

As the market keeps stretching to new all-time highs, investors must be wondering when the eventual bear market will occur. When you know you’re in the midst of a recession it makes the urgency even stronger. This may be a good time to consider actively managed ETFs as a means of trying to outperform the overall market in the coming months or longer. Actively managed ETFs are an exchange traded product that has similar active management that mutual funds traditionally offer. While most ETFs are simply indexed to a benchmark, these funds offer the advantages of an exchange traded product...
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Salesforce Has Record Day as Option Interest Surges Following on Blowout Quarter

Salesforce Has Record Day as Option Interest Surges Following on Blowout Quarter

It’s been a banner week for Salesforce.com, Inc (NYSE: CRM) as the company was just added to the Dow Jones Industrial Average and its earnings report showed a strong rebound from Q1. As businesses seek out way to engage customers during a pandemic, it placed CRM in a great position. Now the only concern is its impact on the price-weighted index like the Dow as the share price is surging. Salesforce had its best day ever as the company’s Q2 EPS surged over 118%. The $1.44 per share earnings beat analyst estimates by over double. In addition to the EPS beat, the company saw a 29% increase...
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6 Recession Resistant Stocks With Over a 2% Dividend Yield

6 Recession Resistant Stocks With Over a 2% Dividend Yield

With the S&P 500 testing new all-time highs, the thought of a recession and a bear market is typically far from investors’ minds. However, being prepared with potentially good investments in a bearish climate is a way to be prepared as the market begins to top out. The fact these companies provide income in the form of dividends that are higher than the S&P 500 means that you get paid to wait or get money to hedge your positions. The following six companies have a history of paying a consistent dividend that pays over a 2% yield and typically outperform in a bearish climate. ...
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Big Analyst Upgrade Has NIO Inc on the Rise and Option Traders Buying

Big Analyst Upgrade Has NIO Inc on the Rise and Option Traders Buying

Nio Inc (NYSE: NIO) found its share price rocketing higher on Tuesday as bulls jumped on the shares and levering up with long call options. The breakout came following a big turnaround by an analyst that has been a detractor for the company. While the upgrade and price target increase didn’t raise the bar any higher than it’s currently trading, it’s the change of heart that has led to the price surge and a recognition of the opportunity. China is fast becoming a major player in the auto industry through the fast adoption of electric vehicles (EV). According to Statista, 32% of cars prod...
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Insider Buying of this Company Indicates It’s More Than a Fish Farm

Insider Buying of this Company Indicates It’s More Than a Fish Farm

Aquabounty Technologies Inc (NASDAQ: AQB) raises bioengineered Atlantic salmon for human consumption. Raising salmon in Indiana and other inland locations may sound a little odd, but people do love their sushi. The company has shown improvement in their corporate earnings and has been able to gain needed financing. The recent surge in insider buying may be a clue as to the near-term potential for the company. In their most recent earnings press release, the company discussed their operation and the fact they had completed their first harvest of Atlantic Salmon in June at their Indiana f...
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7 Disruptive Companies for the Post-COVID World

7 Disruptive Companies for the Post-COVID World

As you consider the companies that dominate the market cap of the major market gauges, you may be wondering which companies are the titans of the future. While the following list likely doesn’t represent that type of life-changing potential, each of the seven companies represented have disruptive technology or concepts that are suited for a post-COVID world and the revenue and earnings expectations reflect that opportunity. According to Wikipedia, disruptive innovation “is an innovation that creates a new market and value network and eventually disrupts an existing market and value netw...
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It’s Earnings Week for Gap Inc and Option Traders are Lining Up

It’s Earnings Week for Gap Inc and Option Traders are Lining Up

Gap Inc (NYSE: GPS) finished 7.42% higher on Monday as the stock is approaching earnings this week on August 27 after the market close. With such a bullish move ahead of an uncertain announcement, it appears that traders are looking forward to an earnings beat and upgraded guidance. Looking at the expected price move from the options market and Monday’s activity, the stock appears to be setting up for a dramatic move. With earnings coming up, it’s an important time to analyze expectations. The earnings for Q2 isn’t expected to be pretty with an expected loss of $0.40 against a $0.63 gai...
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Kodiak Sciences is Looking Up After Monday’s Move and Last Week’s Insider Buy

Kodiak Sciences is Looking Up After Monday’s Move and Last Week’s Insider Buy

Kodiak Sciences Inc (NASDAQ: KOD) saw its first significant insider transaction since March 18 last week. The transaction comes by a 10% owner, which is a good indication that they’re expecting the price to rise. The last purchase of consequence came near the March low before the stock went on a major run. After consolidating since mid-July the price finally broke out on Monday on increased volume. The breakout occurred two weeks after an earnings announcement that beat analyst expectations. CEO Victor Perlroth, MD discussed in the company’s August 10 press release: "There is a high ...
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10% Owner Has Just Resumed Buying as La Jolla Pharmaceuticals is Back at Support Again

10% Owner Has Just Resumed Buying as La Jolla Pharmaceuticals is Back at Support Again

La Jolla Pharmaceutical Company (NASDAQ: LJPC) hasn’t exactly been a stellar performer over the past three years. Over that period of time, the price has gone from around $40 to as low as $2.50. After two separate rallies off of this level, the price finds it back at the same point with Friday’s close of $3.84. As the price is stabilizing at this level, one director and 10% owner just added a significant amount to his holdings. The last earnings report was a big negative surprise, missing analyst estimates by 39%. With only two analysts providing revisions, the likelihood of large beats...
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