I normally just lurk and learn here, but I found a stock
I think is worth look at.
Check out Stroud's (STRO)
Shares out 7.04 mil
Float 1.3 mil
On 8/12/99 a director announced aquisition of 8% of shares out. Its been going up slowly but surely since then
(From 1 1/4 to today's close at 2 1/2)
Thursday August 12, 1:13 pm Eastern Time
Strouds says director buys 8.7 pct of stock
CITY OF INDUSTRY, Calif., Aug 12 (Reuters) - Specialty retailer Strouds Inc. (Nasdaq:STRO - news) said on Thursday that Marshall Geller, one of the company's directors, has acquired about 8.7 percent of Strouds' 7.7 million outstanding shares.
``We are pleased to learn that Geller has acquired this significant position in the company,' Charles Chinni, chairman and chief executive officer, said in a release. ``We welcome his support and confidence in our management team and in the future growth of the company,' he added.
Strouds sells bed, bath, tabletop and other home textile products in 63 stores in the United States.
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