Stock message boards
Market News Video
MNV MNV 10 Oversold Stocks You Need To Know About
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Bullish Two Hundred Day Moving Average Cross - GAM
Wednesday, January 2, 11:33 AM ET, by Market News Video Staff

In trading on Wednesday, shares of General American Investors Incorporated (GAM) crossed above their 200 ...

Grab This Deal Even Lower Than Director Latta Did

By Market News Video Staff, Wednesday, May 23, 4:10 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 16, Zoltek Companies Inc's Director, Michael D. Latta, invested $74,499.00 into 10,000 shares of ZOLT, for a cost per share of $7.45. 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 Wednesday, bargain hunters could buy shares of Zoltek Companies Inc (ZOLT) and achieve a cost basis 1.5% cheaper than Latta, with shares changing hands as low as $7.34 per share. Zoltek Companies Inc shares are currently trading down about 0.5% on the day. The chart below shows the one year performance of ZOLT shares, versus its 200 day moving average:

Zoltek Companies Inc Chart

Looking at the chart above, ZOLT's low point in its 52 week range is $5.60 per share, with $15.01 as the 52 week high point that compares with a last trade of $7.57. 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
12/16/2011 Michael D. Latta Director 10,000 $7.45 $74,499.00

According to the ETF Finder at ETF Channel, ZOLT makes up 3.50% of the Global Wind Energy Portfolio ETF (PWND) which is trading lower by about 1.9% on the day Wednesday.

See what other ETFs contain ZOLT
See what other stocks are held by PWND

Special Offer: Small cap value stocks have outperformed the markets since the end of the recession see what you've been missing with this free 30 day trial

Top Six Most Viewed Stories This Week @ Market News Video:
S&P 500 Movers: PEG, PETMS&P 500 Movers: PEG, PETM
Channel: Large Cap Stocks
Related symbols: PEG,PETM
S&P 500 Movers: GNW, LOS&P 500 Movers: GNW, LO
Channel: Large Cap Stocks
Related symbols: GNW,LO
S&P 500 Movers: DAL, STZS&P 500 Movers: DAL, STZ
Channel: Large Cap Stocks
Related symbols: DAL,STZ
S&P 500 Movers: TSCO, NEMS&P 500 Movers: TSCO, NEM
Channel: Large Cap Stocks
Related symbols: TSCO,NEM
S&P 500 Movers: URBN, NFLXS&P 500 Movers: URBN, NFLX
Channel: Large Cap Stocks
Related symbols: URBN,NFLX
S&P 500 Analyst Moves: NUS&P 500 Analyst Moves: NU
Channel: Upgrades/Downgrades
Related symbols: NU

This Article's Word Cloud:   Companies   Definition   Director   ETFs   Finder   Importance   Insider   Latta   Michael   PWND   Portfolio   Price   Share   Street   Traded   Wednesday   ZOLT   Zoltek   about   below   buying   cash   chart   cost   free   hunters   insider   last   lower   many   only   other   point   reason   share   shares   slideshow   stock   stocks   that   their   this   trading   versus   week   what   which   with   would   year
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  Econonomic News  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV MNV Portfolio Channel Stock Market Definitions

Grab This Deal Even Lower Than Director Latta Did | 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.