Out Fox The $treet

  ChargePoint insiders have filed to sell up to 13.8 million shares. These selling shareholders will still control ~140 million shares after the offering, placing a cap on the stock until more selling is done. The stock remains insanely expensive at 17x FY24 sales targets. Looking for more investing ideas like this one? Get them exclusively at Out Fox The Street.  Learn More » In no huge surprise, insiders are filing to sell shares of  ChargePoint Holdings  ( CHPT ) with the stock up substantially from the IPO and PIPE prices. The timing though is questionable since ChargePoint has recently fallen from the highs and took another 10% hit on the offering news. My  investment thesis  remains very negative on the stock and the EV charging station space due to weak financial results and ramping up competition. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details.  Update - July ...

Terex (TEX) has seen 11 insiders make purchases providing a very strong insider buying signal called a "cluster-buy". The insiders purchases 32,502 shares at an average price of $14.71/share, for a total of $478K.  Not a massive amount of money, but definitely a strong signal with the purchases being so wide spread. Of course, it could just be a internal scam to trick outside investors.  The interesting opportunity presented investors today is the ability to buy shares at prices lower the insiders. As much as people think the game is rigged, other people realize that it does present opportunities to buy at the same price as people with inside knowledge.  TEX has been saying for a long time that its business has been picking up, but the market has ignored them for the post part. It wouldn't be the first time that insiders were blind to changes in the global economy.  TEX is a solid holding in our Opportunistic models as below so we're definitely hoping...

Not only why are members of Congress allowed to own stocks, but why are they allowed to trade while serving in Congress? These guys have insider information and the ability to sway the political direction. Why are they allowed to gain from that? How many decisions are made based off investments? Is that why coal seems to be favored over natural gas? Or why certain companies are brought to the capital for 'investigations'? Maybe certain politicians were short these stocks and wanted a catalyst to send them lower. Great interview with former high flying lobbyist Jack Abramoff with insights on Congress and investing. Why is this still legal?