David Tepper Says He’s Buying Stocks After Market’s Worst Week in a Decade (CNBC)
Hedge fund manager David Tepper said Monday he is buying some stocks after the markets had their worst week in a decade. It’s still a tough market, and investors have to be careful about their exposures, he told CNBC’s Scott Wapner on Monday. But the market’s move lower on Monday after last week’s sharp sell-off presented an opportunity “to nibble at some stocks.”
GMT Capital Acquires Additional Shares of Granite Oil Corp. (MarketWatch.com)
ATLANTA, Dec 24, 2018 (GLOBE NEWSWIRE via COMTEX) — ATLANTA, Dec. 24, 2018 (GLOBE NEWSWIRE) — Pursuant to the early warning requirements of applicable securities laws, GMT Capital Corp. (“GMT”) announces that effective December 21, 2018, certain of its hedge fund and private client managed accounts (“GMT Entities”) purchased from Granite Oil Corp. (“Granite”) 1,000,000 common shares (“Common Shares”) at a price of $0.52 per share or $520,000 in the aggregate.
The Millionaire-With-a-Suitcase: Truth or Myth? (TheDay.com)
Former hedge fund manager David Stemerman of Greenwich, a Republican who centered his 2018 gubernatorial bid on a message that Connecticut taxpayers have been taken for granted for decades, said a reckoning is underway. “This assumption that the wealth in Fairfield County would always be there was built up, to some degree, by a lack of engagement from Fairfield County,” Stemerman added. “But they also have the view that they’ve been taken advantage of. Well, the door swings both ways.”
Hedge Funds Are Most Pessimistic On Oil In Two Years (Investors.com)
Crude oil extended declines as worries over rising U.S. supplies and the global economy overshadowed signals from OPEC that it may extend or even deepen its pledged output curbs. Meanwhile, hedge fund wagers on U.S. crude reached their most pessimistic level in more than two years. Futures fell as much as 1.9% Monday in New York.
Insider Selling: Cosmos Holdings Inc (COSM) CEO Sells $1,779,861.00 in Stock (FairFieldCurrent.com)
Cosmos Holdings Inc (OTCMKTS:COSM) CEO Grigorios Siokas sold 544,300 shares of the stock in a transaction on Thursday, December 20th. The stock was sold at an average price of $3.27, for a total transaction of $1,779,861.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Insider Buying: Strongbridge Biopharma plc (SBBP) Major Shareholder Acquires 146,467 Shares of Stock (MareaInformativa.com)
Strongbridge Biopharma plc (NASDAQ:SBBP) major shareholder Associates L.L.C. Cdk purchased 146,467 shares of the company’s stock in a transaction that occurred on Thursday, December 20th. The stock was bought at an average price of $4.00 per share, with a total value of $585,868.00. The transaction was disclosed in a document filed with the SEC.
Insider Buying: Sequential Brands Group Inc (SQBG) Major Shareholder Buys 46,966 Shares of Stock (WeekHerald.com)
Sequential Brands Group Inc (NASDAQ:SQBG) major shareholder Prescott Group Capital Managem acquired 46,966 shares of the business’s stock in a transaction that occurred on Thursday, December 20th. The stock was acquired at an average cost of $0.74 per share, with a total value of $34,754.84. The purchase was disclosed in a document filed with the Securities & Exchange Commission.
Insider Buying: The Medicines Company (MDCO) EVP Purchases $2,008,950.00 in Stock (FairFieldCurrent.com)
The Medicines Company (NASDAQ:MDCO) EVP Christopher T. Cox purchased 113,500 shares of The Medicines stock in a transaction on Thursday, December 20th. The stock was purchased at an average price of $17.70 per share, for a total transaction of $2,008,950.00. Following the completion of the transaction, the executive vice president now owns 60,308 shares of the company’s stock, valued at $1,067,451.60. The purchase was disclosed in a filing with the Securities & Exchange Commission.
Insider Buying: FlexShopper Inc (FPAY) Major Shareholder Acquires $23,728.20 in Stock (PressOracle.com)
FlexShopper Inc (NASDAQ:FPAY) major shareholder Howard Dvorkin acquired 33,420 shares of the business’s stock in a transaction on Thursday, December 20th. The shares were purchased at an average cost of $0.71 per share, for a total transaction of $23,728.20. The transaction was disclosed in a filing with the Securities & Exchange Commission.
Insider Selling: Docusign Inc (DOCU) Director Sells $2,096,953.88 in Stock (FairFieldCurrent.com)
Docusign Inc (NASDAQ:DOCU) Director Keith J. Krach sold 51,982 shares of the stock in a transaction on Friday, December 21st. The shares were sold at an average price of $40.34, for a total value of $2,096,953.88. The sale was disclosed in a document filed with the Securities & Exchange Commission.