J. Philip Mccormick

J. Philip Mccormick has filed trades across 2 companies (mainly through SEC (Form 4)), most often in PostRock Energy Corp and RENN Fund, Inc. Over a trading history stretching from 16 February 2007 to 5 May 2015, the count stands at 58 filings.

On the open market, the record shows 18 purchases worth €23k and 23 sales worth €86k. The net balance comes to €64k on the selling side. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Besides market trades, the filings include 17 share grants. 2015 to date brings no purchases and 3 sales.

The median purchase comes to €658. For 17 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 47% of cases, with a median move of -1.5%. This is a record of the past, not a forecast.

On 14 May 2015 came the latest disclosure, a share grant in PostRock Energy Corp. The latest purchase dates back some time: it was published 5,443 days ago, on 28 November 2011. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 5 days. For comparison, the SEC allows two business days to file a Form 4. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.