Stock message boards
MNV
Market News Video
MNV MNV 10 Bargains You Can Buy Cheaper Than Insiders Did
MNV
MNV
MNV
MNV
MNV
MNV
MNV
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

BB&T Corp. Becomes #214 Most Shorted S&P 500 Component, Replacing MetLife Inc
Tuesday, April 29, 5:14 PM ET, by Market News Video Staff

The most recent short interest data has been released by the NASDAQ for the 04/15/2014 ...

BBT Named Top 25 Socially Responsible Dividend Stock
Wednesday, April 30, 9:04 AM ET, by Market News Video Staff

BB&T Corp. (BBT) has been named a Top 25 Socially Responsible Dividend Stock by Dividend ...

Ex-Dividend Reminder: Healthcare Realty Trust, BB&T Corp. and Administradora de Fondos de Pensiones Provida S.A.
Monday, May 12, 10:03 AM ET, by Market News Video Staff

On 5/14/14, Healthcare Realty Trust, Inc. (HR), BB&T Corp.. ...

BB&T Corp.'s Series D Non-Cumulative Perpetual Preferred Stock Ex-Dividend Reminder - 5/14/14
Monday, May 12, 1:57 PM ET, by Market News Video Staff

On 5/14/14, BB&T Corp.'s Series D Non-Cumulative Perpetual Preferred Stock (BBT.PRD) will trade ex-dividend, for ...

Cash Dividend On The Way From BB&T Corp.'s Series G Non-Cumulative Perpetual Preferred Stock
Monday, May 12, 1:59 PM ET, by Market News Video Staff

On 5/14/14, BB&T Corp.'s Series G Non-Cumulative Perpetual Preferred Stock (BBT.PRG) will trade ex-dividend, for ...

  More articles:  1 2 3 4 5 6 7 next »

FCAL Trading Below Director's Recent Buy Price

By Market News Video Staff, Tuesday, December 13, 1:16 PM ET
Play Video: One Reason For Insiders to Buy


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on December 7, First California Financial Group, Inc.'s Director, Joseph N. Cohen, invested $34,470.00 into 10,000 shares of FCAL, for a cost per share of $3.45. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money.

In trading on Tuesday, bargain hunters could buy shares of First California Financial Group, Inc. (FCAL) and achieve a cost basis even cheaper than Cohen, with shares changing hands as low as $3.43 per share. First California Financial Group, Inc. shares are currently trading down about 2% on the day. The chart below shows the one year performance of FCAL shares, versus its 200 day moving average:

First California Financial Group, Inc. Chart

Looking at the chart above, FCAL's low point in its 52 week range is $2.41 per share, with $4.09 as the 52 week high point that compares with a last trade of $3.44. By comparison, below is a table showing the prices at which insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
12/07/2011 Joseph N. Cohen Director 10,000 $3.45 $34,470.00

FCAL operates in the Banking & Savings sector, among companies like BB&T Corp. (NYSE:BBT) which is up about 1.3% today, and HDFC Bank Ltd (NYSE:HDB) trading up by about 1.6%. Below is a three month price history chart comparing the stock performance of FCAL, versus BBT and HDB.

FCAL,BBT,HDB Relative Performance Chart


Free Trial: ''ETF CHANNEL FLEXIBLE GROWTH INVESTMENT PORTFOLIO''

The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.


Top Six Most Viewed Stories This Week @ Market News Video:

This Article's Word Cloud:   California   Cohen   Definition   Director   FCAL   Financial   First   Group   Importance   Insider   Joseph   NYSE   Price   Share   Trial   about   asset   below   buying   cash   changing   chart   cost   designed   earned   even   expect   hunters   insider   last   like   many   only   performance   point   portfolio   program   reason   share   shares   stock   that   their   there   this   trading   versus   week   which   with
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
MNV
Home  |  Analyst News  Dividend Report  Econonomic News  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Chart Zero Stock Market Game Stock Market Definitions
MNV

FCAL Trading Below Director's Recent Buy Price | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.