Steve Cohen Hired the Best Mets Money Could Buy. They Were Still the Mets. (Bloomberg)
Steve Cohen’s dreams of bringing a third World Series to the New York Mets will have to wait at least another year. The team crashed out of the Wild Card round of the Major League Baseball playoffs Sunday night in ignominious fashion, mustering only one hit in a 6-0 loss to the San Diego Padres in the deciding game of their best-of-three series.
The Vultures at Alden Capital Want Us to Believe Their Neutrality Is in Good Faith (TheNation.com)
Less than a month out from a midterm election that will determine the viability of America’s flailing democracy, the nation’s second-largest newspaper chain weighed in with a curious announcement: It will refrain from endorsing candidates for national and statewide office. That’s right: Alden Global Capital, the avaricious hedge fund that now controls more than 200 newspapers, has spurned the notion that it might employ its outsize market role to aid public deliberation during one of the most consequential midterm cycles in our history.
Monday 10/10 Insider Buying Report: THO, RKT (Nasdaq.com)
On Wednesday, Thor Industries’, Peter Busch Orthwein, made a $1.45M buy of THO, purchasing 20,000 shares at a cost of $72.50 a piece. Thor Industries is trading up about 0.4% on the day Monday. Before this latest buy, Orthwein purchased THO at 4 other times during the past twelve months, for a total cost of $3M at an average of $90.83 per share. And at Rocket Companies, there was insider buying on Friday, by Chief Executive Officer Jay Farner who bought 58,800 shares for a cost of $6.78 each, for a trade totaling $398,792. Before this latest buy, Farner purchased RKT on 55 other occasions during the past year, for a total cost of $25.69M at an average of $8.46 per share. Rocket Companies is trading up about 0.1% on the day Monday.
Insider Trading: October 10, 2022 (BIV.com)
Insider Larry Childress, 10% owner. Company: Fireweed Metals Corp. (TSX:FWZ). Shares owned: 11,502,190. Trade date: Sept. 22. Trade total: $207,400. Trade: Acquisition of 346,000 shares at prices from $0.58 to $0.60 per share. Insider John Kim, director. Company: Well Health Technologies Corp. (TSX:WELL). Shares owned: 558,379. Trade date: Sept. 27. Trade total: $153,000. Trade: Sale of 50,000 shares at a price of $3.06 per share.
Tesla, Adobe And 2 Other Stocks Insiders Are Selling (Benzinga)
Tesla: The Trade: Tesla, Inc. (TSLA) CFO Zachary Kirkhorn sold a total of 3,750 shares at an average price of $250.50. The insider received around $939.38 thousand from selling those shares. Analog Devices: The Trade: Analog Devices, Inc. (ADI) Director Tunc Doluca sold a total of 2,400 shares at an average price of $150.00. The insider received around $360 thousand from selling those shares.
