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The Bottom Fishing Club: Progyny Reverses On Heavy Insider Buying
PGNYProgyny(PGNY) Seeking Alpha·2024-12-31 01:17

Paul Franke's Background and Investment Approach - Paul Franke is a private investor and speculator with 38 years of trading experience, known for his contrarian stock selection style and algorithm-based analysis of fundamental and technical data [1] - He developed the "Victory Formation" system, which identifies supply/demand imbalances through specific stock price and volume movements, and suggests using 10% or 20% stop-loss levels on individual choices [1] - Franke recommends a diversified approach of owning at least 50 well-positioned stocks to achieve regular stock market outperformance [1] - His "Bottom Fishing Club" articles focus on deep-value candidates or stocks experiencing a major reversal in technical momentum to the upside, while "Volume Breakout Report" articles discuss positive trend changes backed by strong price and volume trading action [1] Paul Franke's Achievements and Rankings - Franke was consistently ranked among top investment advisors nationally for stock market and commodity macro views by Timer Digest during the 1990s [1] - He was ranked 1 in the Motley Fool CAPS stock picking contest during parts of 2008 and 2009, out of 60,000+ portfolios [1] - As of September 2024, Franke was ranked in the Top 3% of bloggers by TipRanks for 12-month stock picking performance on suggestions made over the last decade [1] Paul Franke's Professional Experience - Franke was Editor and Publisher of the Maverick Investor newsletter during the 1990s, widely quoted by CNBC, Barron's, the Washington Post, and Investor's Business Daily [1] - He served as Director of Research at Quantemonics Investing from 2010-13, running several model portfolios on the Covestor.com mirror platform, including the least volatile, lowest beta, fully-invested equity portfolio on the site [1]