{
  "symbol": "TSMWF",
  "company": "Taiwan Semiconductor Manufacturing Company Limited",
  "generated_at": "2026-06-24T07:36:53.602Z",
  "event_count": 2,
  "events": [
    {
      "type": "scout_dossier",
      "ts": "2026-06-09T11:00:35.681Z",
      "summary": "TSMC is the world's dominant pure-play semiconductor foundry (60%+ global market share), currently near all-time highs with strong Q1 2026 results (NT$22.08 EPS, NT$572B net income). The investigation trigger — clustered insider filings in the last 14 days — was confirmed (30+ Form 4s May–June 2026), but the signal is predominantly ESPP/LTI plan allocations at market prices, not discretionary open-market purchases by top executives. One VP sold $13.97M on May 19. The CEO made a trivial ESPP buy of 160 shares ($11.5K). No options chain exists (no expiries returned; OTC ADR illiquidity confirmed by zero historical volume bars). TSM is fundamentally excellent but fully valued at ~26-28x forward P/E and presents no asymmetric mispricing, viable options structure, or novel catalyst within the methodology's window.",
      "verdict": "no_anomaly",
      "confidence": 5,
      "tool_calls": 22,
      "walltime_min": 17,
      "debug_path": "dossiers/2026-06-09-TSMWF.scout.debug.json"
    },
    {
      "type": "scout_dossier",
      "ts": "2026-05-11T11:09:31.563Z",
      "summary": "TSMWF is the US OTC ADR of the world's leading pure-play semiconductor foundry (NYSE: TSM). The triggering signal — 15 Form 4 filings in 14 days — resolves to predominantly routine ESPP (Employee Stock Purchase Plan) payroll-deduction purchases by VPs, not discretionary open-market buys. Two genuine open-market ADS purchases by VP Tien Bor-Zen on April 28 totaled ~$7,710 across 20 shares at $386-$390/ADS — meaningful but small in absolute dollars relative to a ~$447B market cap company. The underlying business is exceptional: +35% YoY revenue growth, 61%+ gross margins, forward P/E ~16x vs semis sector median ~25x. April 2026 revenue grew +17.5% YoY. The Sony Semiconductor Solutions JV announced May 8 (non-binding MOU) for next-gen image sensors in Kumamoto is a genuine strategic catalyst. However, TSMWF is an extremely illiquid OTC ADR with zero reported volume and stale price feeds; it cannot be traded meaningfully through standard options or stock structures. The pipeline's default outcome of silence applies here — no structure is viable on this ticker.",
      "verdict": "no_anomaly",
      "confidence": 4,
      "tool_calls": 19,
      "walltime_min": 9,
      "debug_path": "dossiers/2026-05-11-TSMWF.scout.debug.json"
    }
  ],
  "lessons": [],
  "chart_signal": {
    "ticker": "TSMWF",
    "call": "SELL",
    "confidence": 3,
    "score": -4,
    "factors": {
      "below_200dma": "-2",
      "below_50dma": "-1",
      "momentum_flat": "0 (0.0%)",
      "rsi_extreme_overbought": "-2 (100)",
      "near_52w_high": "+1 (0.0% from high)"
    },
    "summary": "SELL (score -4) · 12-1 mom 0.0% · RSI 100 · below_both · 0.0% from high",
    "last_close": 17.24,
    "one_month_ago_close": 17.24,
    "twelve_month_ago_close": 17.24,
    "twelve_one_momentum_pct": 0,
    "rsi_14": 100,
    "ma_stack": "below_both",
    "from_period_high_pct": 0,
    "period_high": 17.24,
    "price_targets": {
      "bear": 12.07,
      "fair": 17.24,
      "bull": 19.83,
      "bear_return_pct": -30,
      "fair_return_pct": 0,
      "bull_return_pct": 15,
      "method": "street_targets ⨯ chart_floors",
      "street": {
        "target_low": null,
        "target_mean": null,
        "target_high": null,
        "analyst_count": null
      }
    },
    "generated_at": "2026-06-24T07:36:53.598Z"
  }
}