CEO buying means something | CLNY Message Board Posts

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Msg  8761 of 8857  at  11/19/2019 12:05:52 PM  by

dar200

The following message was updated on 11/19/2019 12:14:58 PM.

CEO buying means something

  
 CLNC closed at 12.00 on 11/12.
 
After the close, Palame, Tangen and Redington disclosed they collectively bought 120,000 shares on 11/12.  Traenkle was MIA.
 
CLNC closed at 11.77 on 11/13, obviously not impressed with the insider buying.
 
After the close, Traenkle reported he bought 50K on the 12th and another 50K on the 13th.
 
CLNC just traded at 13.38, up 13.68% from 11.77 on no news other than Traenkle buying. 
 
CLNY closed at 4.95 on 11/12. Barrack has not reported buying any clny stock.
CLNY just traded at 4.88. 
 


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