$1.7M CEO Buy Against Heavy Selling Pressure
David Lorber doubled down with $1.68 million at $39.95, his 11th buy in the past year. Problem is the technicals are screaming sell across every timeframe, and this is happening while financials as a sector face structural headwinds. His track record on PFX is mixed at best, with less than 40% of his buys working out at the 90-day mark. The support level sits just below his buy price at $39.16, so if that breaks, this gets ugly fast.
The Filing
| Ticker | PFX |
| Company | PhenixFIN Corp |
| Insider | David Lorber, CHAIRMAN AND CEO |
| Buy amount | $1.7M |
| Filing date | May 14, 2026 |
| Conviction | Interesting · 59/100 |
| Setup type | Oversold Bounce |
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