One thing I always like to look at is insider buying, especially significant insider buying by top level management. Continue reading
This is part three of my series of posts on ALJJ after Q3 earnings. Part 1 was a review of their Q3 earnings and part 2 was a review of their sum of the parts. Today I want to discuss potential catalysts. Much of this post was written before their announcement of a share repo plan, but I’ve tried to adjust everything in here to account for the new information.
I’ve previously mentioned Deswell (DSWL). Yesterday this 13-D was filed, which showed the CEO had purchased just shy of 400k shares, or more than 2% of shares outstanding, in the past two months. Those purchased also increased his position by almost 20%, and he now owns 16.5% of shares outstanding. Interesting.
Disclosure- I am long DSWL. DSWL is a microcap; please do your own research and use limit orders.