8/30/2010

Note worthy insider activity reported today (08/30/10)

Small cap ETM reported a large insider buy today; 93,900 shares @ ~5.30


ETM is rated a sell/negative by most brokerage analyst and this has help push the stock down near its 52 week low. ETM operates 100 radio stations in 23 markets. The cash flow yield has been outstanding and they've used the cash in past to pay down debt and buy back their stock at advantages prices.

Current price 5.35

http://finance.yahoo.com/q?s=ETM

Long

GHM (Graham Corporation Common): A diverse group of insiders have been buying the stock at these prices . Today 4,000 shares were reported purchased at ~14.01.The stock is near its 52 week low. I've owned the stock in the past and may consider buying.

Current price 13.56

http://finance.yahoo.com/q?s=GHM

Other stocks reporting buys today; SCSS, QLTI, NLS, ADPT

Click for quotes on the stocks above


Good luck with this quick post

1 comment:

Jae Jun said...

I sold ETM earlier this year at around todays prices. Any other reasons for going long now at these prices other than insider buying?