John DiStanislao

How to Interpret Insider Transactions

I appreciate!

These 3 ideas are less than 2% of my portfolio. That is just how I invest.

I don’t have a business and just do this for fun, crazy but I do.

Thanks
John DiStanislao




On Apr 15 08:45 AM ArtfulDodger wrote:

> John DiStanislao:
>
> As always, I like an author/investor who puts his money where his
> mouth is.
>
> Good info. Thanks.

How to Interpret Insider Transactions

Hi Johnathan

Thanks for the input.

These are not my ideas but based on the academic studies of insider buying.

I did write “There is a strong inverse relationship between the size of the firm and the usefulness of insider activity. Smaller companies provide more market outperforming information given they are less efficiently priced.”

The larger companies are not only more efficiently priced but the size of most insider trades is immaterial when compared to company’s size.

The 3 ideas mentioned have nice value attributes; little dilution over the past few years, high earnings yield and ROIC.

Thanks
John DiStanislao




On Apr 15 08:29 AM Johnathan Vrozos wrote:

> So, was Potash Corp (seekingalpha.com/symbo...) senior seasoned
> veterans of finance wise in buying back $2Bln of stock at $185/share
> and now trading at $80/share? I don't think so. Your theory is flawed.
>
> By Johnathan Vrozos
> johnathanvrozos.ca/

How to Interpret Insider Transactions

Mr Old trader

My portfolio is highly diversified and most positions never exceed 2%. I thought some of the ideas on insider buying although well understood its worth repeating. If all 3 ideas go to zero it would have little impact on my portfolio. All 3 ideas are less than 2% of my stock portfolio.

Thanks for the response
John DiStanislao



On Apr 14 11:58 PM old trader wrote:

> I'm glad you disclosed your holdings; my first take was somebody's
> talking their book. In your defense, you're at least explaining your
> rationale for the holdings.