The list was generated based on the following criteria;
Only companies with direct insider purchases by directors or officers for 2009.
Stocks with share buybacks over the past two quarters with the belief shares were acquired at bargain value building prices.
Average number of shares outstanding over the past 3 years /TTM share outstanding >.93
I was trying to measure improvement of the capital structure based on the actual reduction of share count.
Enterprise value /Market Capitalization < 1.75 (Low debt companies with a strong cash position)
The data was measured by the value of the direct shares purchased by insiders/enterprise value
Other criteria that I will discuss on another night.
Just hope you can find the data somewhat useful.
A link to the stocks based on the above criteria.
Just updated (07/01/09)the above ideas with fundamental financial data
