Revelation Special Situations Fund Ltd

Revelation Special Situations Fund Ltd is a declared insider at 2 companies; the most frequent names are FutureFuel Corp. and Federal Services Acquisition Corp. In total, 201 filings cover trades dated from 13 March 2009 to 14 September 2012.

On the open market, the record shows 55 purchases worth €4.4M and 146 sales worth €18.4M. The net balance comes to €14.0M 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. In 2012 alone, the filings show 1 purchase and 43 sales.

The median purchase comes to €17k. For 20 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 30% of cases, with a median move of -3.8%. These figures describe past trades and do not predict future prices.

The latest filing, published on 17 September 2012, reports an open-market sale of €1.6M in FutureFuel Corp. The latest purchase dates back some time: it was published 5,216 days ago, on 13 July 2012. Filings reach the SEC (Form 4) feed a median of 2 days after the trade. Section 16 rules allow two business days to file each Form 4. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.