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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (43075)	6/21/2011 1:51:03 PM
From: Madharry	Read Replies (1) \| Respond to of 78614

there has been significant insider buying in the past two weeks by insiders that I am familiar with. The ceo ran international shipping for mannie hannie during some of the time i was employed there and a major director I was introduced to decades ago by a friend who thought highly of him at that time. I just dont think insiders increase their shareholdings from 600,000 to 800,000 by direct purchases unless they are confident. the company seems to be selling at a sharp discount to book and offer a dividend of over 6% while you wait, unless they cut it of course.