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Posted: Sat 15:37, 08 Feb 2014 Post subject: Some of these companies have moved up recently |
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1 million clinch package hoping to sell in terms of
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Some of these companies have moved up recently, so I would wait for pullbacks in those names. I have provided links for each stock which verifies the insider buying filed with the SEC below. Here are the stocks:. NEW YORK (TheStreet) From time to time, I rant about the dangerous allure of low priced stocks as well as low P/E stocks some investors like to label "value plays." All last year, as Research In Motion (RIMM) was tanking, the stock's bulls rallied around it, arguing that it had become too "cheap." Fund manager Whitney Tilson made the same argument when he reversed course and went long Netflix (NFLX). Here's a guy who nailed the bear case, but got shook out of his short position at the top, only to go long at a couple of bottoms. The least he could have done was take some profits on NFLX's most recent dead cat bounce..
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Cano is an E company operating in Texas, New Mexico and Oklahoma, focusing on long life assets and application of enhanced oil recovery techniques. The board and CFW management recently terminated a merger agreement with Resaca Exploitation that was crafted during the height of the credit crisis and low oil prices. This has caused the equity to shed nearly 50% of its value as merger arbitrage players exited the trade in a stock with relatively low liquidity..
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