Insiders at Starwood are buying the dip ($STWD).
The CEO bought close to $14.7M worth at $11.91 and $11.59, and the director bought $2M at $11.84 and $11.88.
Why they're optimistic: CEO says real estate is healing, rents rising while new supply collapses, and the stock trades at $11.34 vs $17.22 book value.
Source: SEC Form 4 sec.gov/edgar/browse/?CIK=14…
Source: fool.com/earnings/call-trans…
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MP Materials' CFO just made his first open-market buy since the 2020 IPO ($MP). Three insiders bought $3.35M in two days, the director alone $1.98M at $36. Source: SEC Form 4 sec.gov/edgar/browse/?CIK=18…
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Insiders at Six Flags are buying the dip ($FUN). Purchased close to $15M worth at $10.00, $10.86 and $10.32.
Why they're optimistic: CEO said pass holders visited other parks 5x more than last year, and more park sales coming to pay down debt.
Source: sec.gov/edgar/browse/?CIK=19…
Source: fool.com/earnings/call-trans…
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$AEXA American Exceptionalism Acquisition Corp. Keep an eye on what Chamath does with this. Interesting commentary 🤔
😳 @chamath admits to @danprimck on the next episode of THE AXIOS SHOW that his history with SPACs is "a blemish on my track record."
"My incentives were grossly misaligned...I was too insecure to admit it."
$SNAP CEO Evan Spiegel just showed off the new Specs AR glasses for the first time.
This is the kind of product reveal that explains how a social media company can be down over 90% during one of the best tech bull markets in history.
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> 2000: Elon gets ousted in a PayPal board coup while on honeymoon
> Peter Thiel replaces him
> Elon: “I had thoughts of assassination running through my head”
> He doesn’t burn the bridge
> 2008: SpaceX is nearly dead
> Thiel’s Founders Fund writes the $20M check
> Elon later calls it karma
> betrayal → forgiveness → SpaceX → trillionaire
Elon is a trillionaire right now because he forgave people:
If he hadn't forgiven Peter Thiel after he ousted him from Paypal, he might've not recieved the funds to keep SpaceX alive.
Just a thought🙄
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