Fir Tree, L.L.C.

Fir Tree, L.L.C. has filed trades across 12 companies (mainly through SEC (Form 4)), most often in Chinacast Education Corp, Federal Services Acquisition Corp and FutureFuel Corp. Over a trading history stretching from 10 May 2006 to 31 December 2014, the count stands at 23 filings.

In open-market terms, that means 8 purchases worth €4.4M on one side and 13 sales worth €70.2M on the other. The amount is not disclosed for 1 filing. Unlike grants, an open-market purchase is paid for by the insider, at the market price. The rest of the record consists of 1 option exercise. In 2015 alone, the filings show no purchases and 1 sale.

A typical purchase (the median) is worth €413k.

Most recently, on 5 January 2015, the filings show an open-market sale worth €620k in Millennium Sustainable Ventures Corp. The clock since the last published purchase (26 May 2011) now reads 5,630 days. Filings reach the SEC (Form 4) feed a median of 2 days after the trade. US insiders must file a Form 4 within two business days of a trade. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.