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another CUI OMIB and more Vodafone +1

18:13 20-Mar-19


CUI Global's CEO purchased another 15K shares today at $1.33, thereby raising his stake in the company by over 6%.  The pattern of purchases here has been clear and it does indicate confidence.  The clock is still ticking, though.

While we're talking about Brexit-sensitive stocks, I'll also follow up this morning's note by documenting a report that Vodafone is about to receive a warning from the E.U. on its Liberty deal.  Despite the language, this indicates that terms will be made clear.  Vodafone should then follow by making concessions, and the deal will probably proceed.  What the E.U. has to say tomorrow about extending Brexit to late June is a murkier matter.