Trading Tips Blog

Deep-value investment firm adds to stake.
Last week, Strategic Value Partners, LLC, already a 10% owner, added to its stake in
Chaparral Energy (CHAP). The fund bought 554,321 shares at a cost of just over $3.1 million. This follows on additional buys by the fund in recent weeks. Since April, the fund has seen its total holdings increase from 10.7 million shares to 13.1 million shares. Chaparral Energy engages in the acquisition, exploration, and production of onshore oil and natural gas properties primarily in ...
Read More About This

Shares likely to move higher by double-digits before year-end. Shares of
Brookfield Asset Management (BAM) may be heading higher between now and December, based on a surge of the $55 call options there. On Thursday, over 3,250 of the calls traded against a prior open interest of 187, nearly a 17-fold surge in volume. With shares trading at $48.50 however, the options imply that shares are likely to move at least 13 percent higher between now and December expiration, 154 days away. As shares ...
Read More About This

There are a lot of ways to make money in the market. But even if you find that rare company that can move ten-fold and provide one of the best profits of your lifetime, that will take time.Most investors get impatient. Trading Tips’ Andrew Packer explains why you should be looking at blue-chip bargains ...
Read More About This

 
Director adds to stake of energy exploration company. On Wednesday, director Bailey Peyton picked up another 3,000 shares of
Unit Corp (UNT), where he serves as a director. The stake cost $21,900 and increased his shares take to 74,652, an increase of 4.2 percent. This follows on buys made back in May by Peyton, as well as two other directors, at prices ranging from 28 to 38 percent higher than today. Unit Corporation engages in the exploration, acquisition, development and production of natural gas ...
Read More About This

Bet on shares heading higher. Shares of
Cloudera (CLDR) may be heading higher between now and February, based on a surge of the $5 call options there. On Thursday, over 8,200 of the calls traded against a prior open interest of 123—a 67-fold surge in volume. With shares trading at $5.50, the options are also about 10 percent in-the-money, meaning they should move penny-for-penny, less the decline in the time premium. Cloudera provides data analytic and management products, operating both a subscription and service-based ...
Read More About This

Major owner increases stake in regional bank.
On Tuesday, James Filler bought just over 2,500 shares of
Century Bancorp (CNBKA). He already owns more than 10 percent of shares. The buy, with a total purchase price of $219,000, increases his total position to 702,919 shares, and represents a 0.36 percent increase in his total holdings. Like many other insiders in recent days, Filler sees solid opportunities in companies where he already has a large stake. Century Bancorp is a bank holding company for Century ...
Read More About This

Bet on moderate decline by January.
Shares of
Shake Shack (SHAK) have been volatile over the years. At least one trader is betting on a big move in shares again—with a decline in mind. On Tuesday, over 934 contracts traded on the January 2020 $65.00 put options. With shares trading around $74.50, that’s a bet that shares will decline over 13 percent between now and January. Shake Shack currently operates 208 restaurants which it calls Shacks. The company sells burgers, hot dogs, fries, shakes, ...
Read More About This

Major fund holder bumps up stake.
On Monday, the Abdiel Qualified Master Fund bought 137,515 shares of
Fastly, Inc. (FSLY). With a total cost of nearly $2.8 million, this represented a 3 percent increase in the fund’s stake. The fund, already an owner of more than 10 percent of the company’s shares, has over 4.78 million shares of Fastly in its portfolio. Fastly operates an edge cloud platform for processing, securing, and serving its customer’s applications. The edge cloud is a type of Infrastructure-as-a-Service ...
Read More About This