Insider Buying

On February 27, 2019, Keith Koci– CFO of Cleveland Cliffs Inc. – (CLF) – purchased 9,000 shares of CLF at ~$11.52. His out of pocket cost was $103,680.

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Be in the know. 10 key reads for Friday…

  1. One of Wall Street’s Most Popular Trading Strategies Is Now Failing (Bloomberg)
  2. Trade of the Day: Boeing Stock Hits Record Overbought Level (Yahoo)
  3. Trump warns he could abandon China trade deal as advisers tout progress (Reuters)
  4. Tesla stock soft after Elon Musk warns it won’t be profitable in Q1 (Business Insider)
  5. Tesla announces long-promised $35,000 Model 3 (USA Today)
  6. These two charts suggest the rally could go from good to bad in the short term (CNBC)
  7. Uber and Lyft Said to Offer Drivers a Chance to Participate in I.P.O.s (New York Times)
  8. Mattel Insiders Are Buying Up the Toy Maker’s Stock (Barron’s)
  9. Gap to Split Into Two Public Companies (Wall Street Journal)
  10. David Einhorn, hedge-fund manager says he will make fewer, bigger bets (Wall Street Journal)

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Insider Buying

On February 27, 2019, Robert Henry– Director of Devon Energy Corp. – (DVN) – purchased 11,651 shares of DVN at ~$30.01. His out of pocket cost was $349,647.

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