Insider Buying Is Finally Picking Up


Insider buying is finally picking up or at least it seems this way. Today was especially active with open market purchases by insiders at 50 companies, five of which look especially interesting. Here is the quintet with a 4 week summary for each:

Citigroup (C): $7.17M, 5 insiders with purchases
GHL Acquisition Corp (GHQ): 5.15M, 2 insiders with purchases
Cenveo Inc (CVO): $459.13K, 3 insiders with purchases
Tower Bancrorp (TOBC): 1.82M, 11 insiders with purchases
Maiden Holdings (MHLD): $720.39K, 2 insiders with purchases

* Note: TOBC shows identical price for all of their purchases, so the purchases are probably mandatory.

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