DPS: Strong Insider Buy Tuesday, June 17, 2008
Posted by ei-forum in US Traded Stocks.trackback
We wrote about Dr Pepper Snapple Group (DPS) on May 22nd when we talked about how we thought it was a classic case of a misunderstood spin-off – read post here.
Despite the fact that Mr. Market is still not looking favorably on this company, we wanted to update our readers on the fact that, apart from having posted great quarterly results, insiders are standind behind the company and taking advantage of these bargain prices:
- John Adams (Director) bought 20,000 shares on the open market at 24.97-25.00 USD for a total of 500,000 Dollars – reported on June 9th 2008.
We continue to believe this will turn our to be a Peter Lynch play!
Please read our disclaimer.
Advertisement
Stumble It!
Explore Investors Blog Network
Comments»
No comments yet — be the first.