Solitaire Trader

FOSL CEO Buying

The CEO of FOSL bought 70,000 more shares on Friday, see the report here.  The price did nothing today after this filing came out.

I was considering selling today, but this buying will keep me in awhile longer.  Sooner or later somebody is going to notice that the CEO is buying a lot of shares in his company.

The market was terrible today, it seems like it just can't go up no matter what it does.  The good news is that despite seven out of the last eight days down, the portfolio is only 3.81% off its all time high from February 1st.  It seems like it is down much more and that day seems like a month ago.

FOSL Alert

Portfolio stock FOSL is moving today.  If you recall from last weekend's portfolio checkup, I got killed on this stock last week.  Today the CEO has filed insider buys with the SEC.  There are 3 buys at 17.23-17.74 made on February 3rd, a total of 70,000 shares.

This is why I held on after the big drop.  The CEO bought in December and January, it makes sense that he would see opportunity.  The stock is now up 4.6% today, but the filings were reported only about 20 minutes ago.

The Insiders Know Stuff

Insiders know things.

For the past few weeks, insiders have been buying a lot of shares in STXS.

So I bought some too.

Today the stock is up over 20%.

Thanks, guys!

Insider Buying in BMRN

Portfolio stock BMRN had some insider buying today.  The CEO bought another 1000 shares.  That's not much, but the guy keeps doing it.

It would be better, though, if some other people would stop selling.

Insider Buying

Interesting insider buying reported today in CCWM, GGP, ZHNE, and MRBK.