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OklaBoston (68.87)

Insider trading at RT

Recs

1

May 04, 2009 – Comments (3)

Check out the insider trading stats on this stock. They're available at, among oher places, http:// www.moneycentral.com . You'll see that the Board of Directors and the CEO have been buying plenty of shares on the open market, and keeping the bulk of the ones they get through exercising options. Just try to come up with a bearish explanation of THAT phenomenon. I can't.

3 Comments – Post Your Own

#1) On May 04, 2009 at 9:09 AM, russiangambit (29.30) wrote:

I only see purchases under $2 during March lows. The stock is now at $7.

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#2) On May 04, 2009 at 9:49 AM, drgroup (69.07) wrote:

Just try to come up with a bearish explanation of THAT phenomenon. I can't.

Looks to me like they are positioning to sell at a higher price than they purchased for. One person in the group did sell. Maybe she knows something.

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#3) On May 04, 2009 at 9:51 AM, russiangambit (29.30) wrote:

Usually with insiders there is a required holding period of several months. I bet they can't sell because they bought less that 30 days ago.

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