Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
Hall of Fame Resort & Entertainment Co (HOFV)
Sector: Financial Services; Industry: Shell Companies

Gordon Pointe Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization or other similar business combination with one or more businesses or assets. Gordon Pointe Acquisition Corp. is the subsidiary of Voyager Holdings II, LLC.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-02-04 BASSO CAPITAL MANAGEMENT, L.P. 10%-Owner Sell 400,000 $10.62 $4,248,000 No

Insider Smart

Enphase Energy, Inc (ENPH) - ENPH was $10+ in 15Q1 then dropped to $2 and eventually went under $1. From 15Q4 to 17Q4 it built a 2-year-long base then BOOM! Stock went as high as $70 and likely will make a new high. Catch one or two moves like this you can retire early. One hint before the big move was that CEO and CFO were constantly accumulating, this kind of information is priceless.