{
  "symbol": "YI",
  "company": "111, Inc.",
  "generated_at": "2026-06-24T07:36:54.441Z",
  "event_count": 1,
  "events": [
    {
      "type": "scout_dossier",
      "ts": "2026-05-29T14:01:42.031Z",
      "summary": "111, Inc. (YI) is a Chinese tech-enabled B2C/B2B pharmacy platform with ~$47M market cap. The investigation trigger was 3 Form 4 filings in 14 days, but reading them reveals all transactions were RSU vesting events — not open-market purchases. Three directors (Luo Jun Justin, Sun Jian David, Chen Yang Luke) received large RSU grants (378K–413K shares each on May 11-12 with full or 4-year vest schedules), then sold modest quantities to cover tax withholding at ~$0.25-$0.27/ADS. Zero open-market P-code purchases in the period. The business is severely deteriorating: revenue down 26.7% YoY, operating margin -0.01%, net profit margin -0.53%, debt-to-equity of 119.66, and FCF that barely covers interest. Price has collapsed from a January 2026 spike (~$2.60 to $8.38) back to $5.44 with no recovery catalysts visible. No options market data available — thin micro-cap with illiquid ADRs. This is not a promising setup.",
      "verdict": "no_anomaly",
      "confidence": 4,
      "tool_calls": 15,
      "walltime_min": 7,
      "debug_path": "dossiers/2026-05-29-YI.scout.debug.json"
    }
  ],
  "lessons": [
    {
      "id": "L-2026-06-19-008",
      "extracted_from": "2026-06-01-PANW-earnings-debit-call",
      "extracted_at": "2026-06-19T06:22:39.606Z",
      "outcome_context": "loss",
      "category": "smart_money",
      "pattern": "In cybersecurity names during AI-capex peaks, executive sales (even Rule 10b5-1) at prices significantly below current spot should be weighted more heavily than analyst upgrades. Insiders are closer to the data and may be positioning for a plateau.",
      "evidence": "EVP Klarich sold at $249-$261 on May 22, well below the $281.69 entry price. The scout dismissed this as 'routine diversification' but did not sufficiently weight it as an anti-signal. The stock subsequently dropped 3.4% from entry, validating the caution.",
      "applicability": "Applies to cybersecurity and AI-infrastructure names during periods of elevated analyst optimism. Does NOT apply when insiders are buying or when sales are at prices near current spot.",
      "confidence": 4
    }
  ],
  "chart_signal": {
    "ticker": "YI",
    "call": "SELL",
    "confidence": 5,
    "score": -6,
    "factors": {
      "below_200dma": "-2",
      "below_50dma": "-1",
      "momentum_down": "-1 (-29.3%)",
      "rsi_neutral": "0 (39.6)",
      "broken_below_high": "-2 (-48.8% from high)"
    },
    "summary": "SELL (score -6) · 12-1 mom -29.3% · RSI 39.6 · below_both · -48.8% from high",
    "last_close": 4.29,
    "one_month_ago_close": 5.5,
    "twelve_month_ago_close": 7.78,
    "twelve_one_momentum_pct": -29.31,
    "rsi_14": 39.6,
    "ma_stack": "below_both",
    "from_period_high_pct": -48.81,
    "period_high": 8.38,
    "price_targets": {
      "bear": 5.35,
      "fair": 4.97,
      "bull": 9.64,
      "bear_return_pct": 24.7,
      "fair_return_pct": 16,
      "bull_return_pct": 124.6,
      "method": "street_targets ⨯ chart_floors",
      "street": {
        "target_low": null,
        "target_mean": null,
        "target_high": null,
        "analyst_count": null
      }
    },
    "generated_at": "2026-06-24T07:36:54.428Z"
  }
}