Post by
psj567 on Apr 05, 2014 1:37am
Impressively Strong Intra-Day Performance on Heavy Volume
One of RMC's strongest trading days where there was not any news release. Strong buying late in the day (and on a Friday) brought the stock up nearly 7% off its intra-day low to close down only 11 cents. There is strong buying in the $6.50 to $6.80 range. More strong hands.
There was a relatively smaill sale of 50,000 shares by director Michael Winn today. After the sale he now owns 455,000 shares and 155,000 options. Yes Dorothy, even directors/ insiders need some cash to live on now and then.
Comment by
rob926 on Apr 05, 2014 11:14am
I made the insider selling comment not to just speculate. I heard that some institutional investors were told not to worry if some insiders sold some stock.
Comment by
knotshure on Apr 06, 2014 12:38pm
So who do you know ? Insider trading is Illegal !