Trading Tips Blog

Blackstone Holdings III LP, a major holder at Cheniere Energy Partners LP (CQP), recently added 96,470 shares to their holdings. The buy increased the fund’s position by about 1 percent, and came to a total cost just over $4.5 million. The fund later added another 27,706 shares, at a cost of just over $1.3 million. The fund has been a notable buyer of shares over the past two years. Otherwise, one director made a minor sale last year. Overall, insiders own ...
Read More About This

Gold mining and exploration company Gold Fields Limited (GFI) has soared 40 percent in recent weeks as gold prices have once again topped $2,000 per ounce. One trader sees a further rally ahead. That’s based on the January 2024 $25 calls. With 287 days until expiration, 12,751 contracts traded compared to a prior open interest of 130, for a massive 98-fold jump in volume on the trade. The buyer of the calls paid $0.58. Shares recently traded for about $14.50. Shares would ...
Read More About This

There’s a common strategy for a company to take a short position in a company, then issue a research report explaining why. Typically, such reports will take company statements and claim that they’re embellished in some fashion. Often, these reports aren’t true, or have an element of truth to them that are grossly exaggerated, even if allowed under accounting standards. But in the short term, shares can get knocked down, allowing the short seller to profit quickly. The most recent short seller ...
Read More About This

Rosalind Brewer, CEO at Walgreens Boots Alliance (WBA), recently bought 10,000 shares. The buy increased her stake by 3 percent, and came to a total cost of $339,510. This marks the first insider buy at the company in the past two years. The company’s Chief Medical Officer exercised stock options and sold shares late last year, as did a director. The sales slightly exceed the amount of this recent CEO buy. Overall, insiders own 17.2 percent of shares. The drugstore chain has ...
Read More About This

Search engine giant Google (GOOGL) has been trending higher in the past few weeks following a massive decline last year. One trader sees a further move higher in the weeks ahead. That’s based on the April 28 $114 calls. With 21 days until expiration, 5,362 contracts traded compared to a prior open interest of 124, for a 43-fold rise in volume on the trade. The buyer of the calls paid $1.33 to make the bullish bet. Shares recently traded for about ...
Read More About This

Many companies hire as they need to when growing like gangbusters. But when things go down, it’s a time to assess the size of a company and its needs, no matter what sector it’s in. For some companies, the worst bloat can come from its executive offices. The growth of middle management can cause a big payroll expense to build up, and take away capital from lower-level workers that make a company’s success possible. That’s why a number of big-name, labor-intensive companies ...
Read More About This

Lawrence Cheng, a director at GameStop Corp. (GME), recently bought 5,000 shares. The buy increased his holdings by 13 percent, and came to a total cost of $113,900. The buy came a year after another director bought 1,500 shares, paying just under $195,000. Over the past two years, insider buys have far exceeded insider sales, including a 100,000 share buy from the company’s chairman just over a year ago. Overall, insiders own 15.5 percent of shares. The video game retailer has slid ...
Read More About This

Major oil and gas producer ConocoPhillips (COP) jumped over 9 percent on Monday as oil prices rallied on news of OPEC cuts. One trader sees shares continuing higher in the coming weeks. That’s based on the April 28 $107 calls. With 23 days until expiration, 11,135 contracts traded compared to a prior open interest of 109, for a 102-fold jump in volume on the trade. The buyer of the calls paid $4.55 to make the bullish bet. Shares last went for just ...
Read More About This