callaway golf company (nyse: ely) manufactures and sells clubs and balls, and sells golf accessories under the callaway golf and odyssey brands worldwide. we push the limits of performance and innovation to develop drivers, fairway woods, golf balls, hybri

Topgolf Callaway Brands Corp.

Sold all MODG

This member connected a brokerage account and is sharing trades and portfolio performance with the community. 

Public Portfolio

ShanDoshi

Bought to close all ELY

Jayson

Bought to close 50% ELY

Austin Weiffenbach

Bought to close 1% ELY

Bought to close 72% ELY

Bought 67% more MODG

Bought to close all MODG

Yanni Samoilis

Told my subscribers to let go of $ELY for an 11% loss. But we bought a minimal number of shares through use of risk-management formula, and the portfolio is only minimally invested anyway because of the ongoing bear market - so damage to portfolio is negligible.

That's what risk management is all about.

It gets old to keep saying to yourself (and to subs)  "Cut your losses quickly, let your winners run"...especially in a market headed more or less straight down. But I've learned from experience that really is about 2/3rds of the success equation in the stock market.

We never know exactly where a market bottoms or puts in a tradeable rebound. But the smaller the hole you dig for yourself, the faster the recovery in your portfolio equity chart when it happens.

If you don't control your losses, you won't have any confidence.
If you don't have confidence, you don't trade or invest.
If you don't trade or invest, you won't be in a position to benefit when the real market rebound starts.

My $ELY trades

Sold 50% of ELY

Jeff Yastine

Bought to close 33% ELY

Suraj

As noted to subscribers in recent days...$ELY announced better than expected quarterly results. Stock is down 50% in past year.

![](https://cdn.commonstock.com/546a22b59c9323a9d6c7cd639c56fbe77a2d70b3a3693abaaae2c60639a29449-1600x800.jpg?fit=max&w=704)
The Top Golf acquisition (completed in March 2020, just as the pandemic set in) should finally start to pay off. Company is noting increased 'corporate outing' activity at Top Golf and raised estimates for 2022.

Analysts expect profits of $0.66 this year, $0.88 next year, and $1.22 in 2024. Let's not forget that these estimates still largely reflect the depressed business activity of the pandemic.

I'm also encouraged by $ELY insider buys. The CEO and CFO [made large purchases](http://openinsider.com/search?q=ely) in December at $25, then even bigger buys in March at $21.

Risk control is always important. We should always know at what price we'll get out of an investment or trade if it's not going our way. I show subscribers a specific formula to make sure we don't take on too much risk, relative to size of portfolio.

Insider trades for Callaway Golf Co (ELY). Monitor SEC Form 4 Insider Trading Filings for Insider Buying and Selling. Real-time Insider Trading Stock Screener. Long and Short Trading Ideas using Insider Transaction Data.