Market News Video
MNV MNV The 10 Most Popular Large-Caps in ETFs
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

JKS Crosses Above Key Moving Average Level
Tuesday, March 1, 11:21 AM ET, by Market News Video Staff

In trading on Tuesday, shares of JinkoSolar Holding Co., Ltd. (JKS) crossed above their 200 ...

Relative Strength Alert For First Solar
Thursday, April 14, 12:12 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

TSL Makes Bullish Cross Above Critical Moving Average
Wednesday, April 20, 11:24 AM ET, by Market News Video Staff

In trading on Wednesday, shares of Trina Solar Ltd (TSL) crossed above their 200 day ...

Oversold Conditions For SunPower (SPWR)
Monday, May 2, 12:01 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

Trina Solar Becomes Oversold (TSL)
Monday, May 2, 4:25 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

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

Top Buys by Directors: Marren's $571.5K Bet on WFR

By Market News Video Staff, Wednesday, January 25, 11:13 AM 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.

The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $571.5K by John W. Marren, Director at MEMC Electronic Materials, Inc. (WFR).

Marren bets big on WFR:

Purchased Insider Title Shares Price/Share Value
08/05/2011 John W. Marren Director 100,000 $5.71 $571,500.00

Marren's average cost works out to $5.71/share. In trading on Wednesday, bargain hunters could buy shares of MEMC Electronic Materials, Inc. (WFR) and achieve a cost basis lower than Marren, with shares changing hands as low as $4.47 per share. Shares of MEMC Electronic Materials, Inc. were changing hands at $4.57 at last check, trading up about 0.7% on Wednesday. The chart below shows the one year performance of WFR shares, versus its 200 day moving average:

MEMC Electronic Materials, Inc. Chart

Looking at the chart above, WFR's low point in its 52 week range is $3.65 per share, with $15.04 as the 52 week high point that compares with a last trade of $4.57.

According to the ETF Finder at ETF Channel, WFR makes up 9.68% of the Solar Energy ETF (AMEX:KWT) which is trading higher by about 0.3% on the day Wednesday.

See what other ETFs contain WFR
See what other stocks are held by KWT


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:   Channel   Director   Electronic   Insider   John   MEMC   Marren   Materials   Share   Shares   Trial   Wednesday   about   asset   average   both   business   buys   cash   changing   chart   company   cost   designed   directors   hands   investors   last   make   maybe   other   performance   point   portfolio   program   share   shares   stock   stocks   take   that   they   this   trading   view   week   what   which   wise   with
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV MNV Stock Message Boards Stock Market Definitions

Top Buys by Directors: Marren's $571.5K Bet on WFR | Market News Video | Copyright © 2008 - 2017, 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.