Very few things capture my attention faster than an insider laying out cash for his or her stock. On 12/7, Brady Churches, the relatively new CEO at Tuesday Morning (TUES), filed a form 4 indicating a purchase of 48,614 shares at $6 ($290K) over the prior two days. He had also bought 3800 shares at $5.90 in late November. This represents about six months of his salary and adds to a considerable position I will detail below. I have been meaning to look at this long-time underperformer that has come back to life this year given the involvement of a shareholder activist, which I will also describe below. For some perspective, here is the since-IPO price chart:
(click ...