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0.0297699594046009 0.0297699594046009 0.0419485791610285 0.0419485791610285 0.0622462787550745 0.0419485791610285 0.0433017591339649 0.0351826792963465
Stock impact report

Sirius International Insurance Goes On The Block, Shares Could Double In Sale [Seeking Alpha]

Sweetgreen, Inc. (SG) 
Company Research Source: Seeking Alpha
Sirius International Insurance Goes On The Block, Shares Could Double In Sale Sirius International Insurance Group ( SG WTM via a sale to Chinese conglomerate merged with a SPAC to become a publicly listed company Since then, as China Minsheng turned from a cash-rich acquirer into a debt-ridden company defaulting on some securities Why is this security mispriced? There are three major factors driving the mispricing: Insider Bets are Good Bets Insider open-market transactions are one of the best indicators of a stock being undervalued The old Wall Street saying goes: There are many reasons for an executive to sell a stock, but only one reason to buy - they think it's going up Sirius executives seem to have sensed a bargain in the shares when the stock fell below tangible book value of $1110 As Sirius stock slid from $17 to under $10, executives started buying stock on the open market in droves using their own money purchased $843,000 in stock using his own money Investors buying i Show less Read more
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