Insiders are buying.
Three of Read-Rite Corp.'s officers purchased a total of 27,000 shares of the company's common stock in May.
On May 28, CEO Alan S. Lowe bought 10,000 shares at $8.9375 per share. At the end of the month he directly held 33,791 common shares.
On May 28, senior VP Michael A. Klyszeiko purchased 15,000 shares at $8.9625 each. He held 15,000 shares at the end of May.
James Murphy, another senior VP at the firm, bought 2,000 shares on May 29. Murphy directly held 3,103 common shares at the end of the month.
Bald Man from Mars & Dennis could have a good sleep tonight. |
