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Non-Tech : Bill Wexler's Trading Cabana

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To: RockyBalboa who wrote (2603)	8/18/2007 6:34:43 AM
From: RockyBalboa	Read Replies (1) of 6370

Thornburg's Mini-Drama of Buying By Naureen S. Malik Word Count: 576 \| Companies Featured in This Article: Thornburg, Luminent Mortgage Capital THORNBURG MORTGAGE IS A GOOD EXAMPLE of why investors should carefully examine fundamental trends before using insider signals to buy stock. Over the past month, insiders at the jumbo residential-mortgage lender (for loans over $417,000) collectively made their largest open-market purchases ever based on Thomson Financial data dating back to 1993. Seven senior executives and directors plunked down more than $13.3 million to purchase 528,700 Thornburg shares from July 25 through Aug. 7, according to Securities and Exchange Commission filings. Shares were each acquired at per-share prices ranging from $21.69 to $26.72.

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