Standing behind GE Thursday, April 17, 2008
Posted by ei-forum in US Traded Stocks.trackback
Once again, following the market sell-off, insiders are standing behind GE and using these opportunities to increase their holdings. This Monday, April 14th:
- Vice-Chairman Michael Neal spent $1 million on 31,250 shares @ $32.16.
- Director Ralph Larsen spent $479,000 on 15,000 shares @ 31.90.
- Director Robert Swieringa spent $32,000 on 1,000 shares @ 31.96.
As the GE statement points out: “It’s an expression of confidence in the company”.
Stumble It!
Explore Investors Blog Network
Comments»
No comments yet — be the first.