Stock message boards
Market News Video
MNV MNV Model Portfolios ChartZero
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Dana Holding Corp Becomes Oversold (DAN)
Tuesday, October 29, 12:04 PM ET, by Market News Video Staff

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

Reminder - Remy International, Inc. (REMY) Goes Ex-Dividend Soon
Wednesday, November 6, 10:42 AM ET, by Market News Video Staff

On 11/8/13, Remy International, Inc. (REMY) will trade ex-dividend, for its quarterly dividend of $0.10, ...

GPS Crosses Above Key Moving Average Level
Friday, November 8, 11:42 AM ET, by Market News Video Staff

In trading on Friday, shares of The Gap, Inc. (GPS) crossed above their 200 day ...

Dana Holding Corp Breaks Above 200-Day Moving Average - Bullish for DAN
Thursday, November 21, 11:18 AM ET, by Market News Video Staff

In trading on Thursday, shares of Dana Holding Corp (DAN) crossed above their 200 day ...

KKD Makes Notable Cross Below Critical Moving Average
Wednesday, December 11, 11:21 AM ET, by Market News Video Staff

In trading on Wednesday, shares of Krispy Kreme Doughnuts Inc (KKD) crossed below their 200 ...

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

Land This Deal Even Lower Than Director Goldfarb Did

By Market News Video Staff, Thursday, January 10, 1:33 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 January 2, G-III Apparel Group Ltd.'s Director, Jeffrey David Goldfarb, invested $101,455.50 into 3,000 shares of GIII, for a cost per share of $33.82. 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 Thursday, bargain hunters could buy shares of G-III Apparel Group Ltd. (NASDAQ:GIII) and achieve a cost basis even cheaper than Goldfarb, with shares changing hands as low as $33.81 per share. G-III Apparel Group Ltd. shares are currently trading off about 3.1% on the day. The chart below shows the one year performance of GIII shares, versus its 200 day moving average:

G-III Apparel Group Ltd. Chart

Looking at the chart above, GIII's low point in its 52 week range is $21.21 per share, with $39.50 as the 52 week high point that compares with a last trade of $33.97. 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
01/02/2013 Jeffrey David Goldfarb Director 3,000 $33.82 $101,455.50

According to the ETF Finder at ETF Channel, GIII makes up 1.23% of the Dynamic Consumer Discretionary Sector Portfolio ETF (AMEX:PEZ) which is trading lower by about 0.7% on the day Thursday.

See what other ETFs contain GIII
See what other stocks are held by PEZ

Special Offer: Find out how Dave Moenning is trading around the most recent insider transactions with a free 30 day trial .

Top Six Most Viewed Stories This Week @ Market News Video:
S&P 500 Analyst Moves: VRTXS&P 500 Analyst Moves: VRTX
Channel: Upgrades/Downgrades
Related symbols: VRTX
Tuesday Sector Leaders: General Contractors & Builders, Computer PeripheralsTuesday Sector Leaders: General Contractors & Builders, Computer Peripherals
Channel: Market Movers
Related symbols: MHO,BZH,EXTR,KTCC
Tuesday 4/1 Insider Buying Report: TFM, HEROTuesday 4/1 Insider Buying Report: TFM, HERO
Channel: Insider Buying Report
Related symbols: TFM,HERO
Tuesday 4/1 Insider Buying Report: AHPTuesday 4/1 Insider Buying Report: AHP
Channel: Insider Buying Report
Related symbols: AHP
Daily Dividend Report: TJX, RPM, A, AFG, WSODaily Dividend Report: TJX, RPM, A, AFG, WSO
Channel: Daily Dividend Report
Related symbols: TJX,RPM,A,AFG,WSO
Dow Analyst Moves: HDDow Analyst Moves: HD
Channel: Upgrades/Downgrades
Related symbols: HD

This Article's Word Cloud:   Apparel   Buying   David   Definition   Director   ETFs   Earnings   Form   GIII   Goldfarb   Group   Importance   Insider   Jeffrey   Price   Thursday   Value   What   about   above   around   below   buying   chart   company   comparison   cost   currently   hunters   insider   last   most   only   open   other   point   reason   recorded   share   shares   showing   stock   table   that   their   trading   week   what   which   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  Econonomic News  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV MNV Stock Market Definitions

Land This Deal Even Lower Than Director Goldfarb 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.