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Activist Investor Takes Major Stake in The Joint Corporation - Is a Shakeup on the Horizon?

www.alphaletter.co

Activist Investor Takes Major Stake in The…

Grit Alpha
Jan 9
13
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Activist Investor Takes Major Stake in The Joint Corporation - Is a Shakeup on the Horizon?

www.alphaletter.co

Happy Monday everyone. There was a lot of insider buying over the past week. An activist investor continued to build a stake in a company that has collapsed from $100 per share to only $14 per share. An income oriented hedge fund bought some preferred stock with a 10% yield. A CEO purchased $3 million worth of a natural gas company that is printing cash flows. And a director bought almost $1 million worth of a furniture company that has fallen from $80 to $26.

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