Phenixfin Corp (NASDAQ:PFX)’s chairperson and CEO David Lorber revealed in a U.S. Securities and Exchange Commission Form 4 on May b13 that he bought 16,000 company shares and now ons 148,000 shares worth about $5.7 million. We first noticed the purchase when using the Fintel CEO Purchases screen. While senior management can sell shares for various reasons, we know that they only purchase stock when they believe the company is expected to grow or is undervalued. In the case of PhenixFIN Corp, we think that Lorber may be buying shares because they are undervalued. Q1 2022 hedge fund letters, co…