Cya at $12! Insider Selling and 2 Head and ShouldersMassive insider selling on NTNX, The puts we bought already up 400% since our short idea in May (linked below) but could profit significantly more with a very possible next target of $12.53.
Insider
YETI Short Idea YETI lock up expiration was 4/23. Stock has doubled since IPO and insider have a nice chance to cash out. More competition in the market. Intrinsic value near $16 being generous. If shares don’t snap the trend line before earning, possibly earnings will be better than expected? Will be hard to justify earnings with a PE of 50 for this type of product.
$VTVT more upside with Insider buying & MacAndrew acquire sharesVTVT had news on Phase 2 study and it spiked 21%
It close pretty strong as it stayed within the 5min chart break out zone.
Possible runner tomorrow or a few days as I do see accumulation going on.
Reason:
1. Indicators is still strong and positive with RSI divergence on daily. MACD positive
2. Price still within the channel of support.
3. Overall, the company has been doing well. No debt and sales are starting to look promising. The offering last year has made this VTVT more attractive and institutional buyer has purchased in late dec 2018 www.sec.gov
Also, insider had also purchase shares: finviz.com
Swing idea: Enter near orange line / SL at Red line
Daytrade Idea: Enter at break of 3.10 with tight SL or wait to enter break of the trend line (blue)
Over 3.23 will probably go parabolic so set your stops and scale out to take profits.
REMEMBER:
1. have a strategy entering and exiting
2. cut your losses fast (or avg down if you've plan to enter with smaller size)
3. honor your stops
CRMD - Technical Indications for Impending BreakoutI'm in at 1.34. Notes given on the chart. Conduct your own due diligence.
DISH - insider buyingDishnetwork DISH one of few with upward movement this week.
VIX rising again today, so is DISH.
UEPS CEO insider buyingInsiders have been buying at these prices. Trend seems to have reversed.
On the down side: macro head winds.
Tread your path
PENN heavy purchase by CEOBought at the recent lows and price is already 10% higher. Either he has firm belief in the company or knows something. Both are good signs.
The only "black stone" is the risk reward/ratio.
Tread your path
NGL CEO buying at 11.5I like the way the chart looks. The upside might be even greater than the RR I charted.
tread your path
PIRS insider buyingchart looks good and ready to rise but speculative and stop line is maybe too close.
Tread your path
IRIX Insider buying Should wait for confirmation of reversal of trend. This could be a falling knife.
tread your path.
ELF Insider CEO buys at lowsHe bought the dip I think It might continue climbing to the 100 MA or the trend line or the small resistance/support line.
tread your path.
