Contrarian bets on Total Energy Services start to pay off
When we last featured Total Energy Services (TOT) in our morning report on August 16, 2016, we characterized it as a contrarian situation as insiders were buying while the stock was underperforming the market. Such situations often take a year or more to play out, and this appears to be the case with Total Energy Services which looks as if it may be turning a corner. The stock is up 15% since that previous report versus a drop of 5.5% for the S&P/TSX Capped Energy Index. Moreover, insiders have spent $169,248 picking up shares over the past 90 days. The stock now has all the appearances of a growth play. Download the report to get our full take on what insiders are signalling.
Canadian Insider Club members get INK's daily morning report delivered straight to their inbox, in addition to receiving our weekly Market INK and monthly Top 40, Top 30 Energy and Top 20 Gold reports. Click here to learn more.
INK Research Premium Services
trace affiliate link | Official Images Of The Air Jordan 4 University Blue WMNS Shimmer Bronze Eclipse DJ0675-200 , Fitforhealth