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Granite City Food & Brewery Ltd (GCFB) Chairman of the Board Joel Curtis Longtin buys 4,700 Shares

September 02, 2010 | About:
insider

insider

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Chairman of the Board of Granite City Food & Brewery Ltd (GCFB) Joel Curtis Longtin buys 4,700 shares of GCFB on 08/27/2010 at an average price of $1.74 a share.

Granite City Food & Brewery Ltd has a market cap of $13.4 million; its shares were traded at around $1.83 with and P/S ratio of 0.2.


This is the insider trade history vs. stock price of GCFB. For the complete insider trading history of GCFB, click here.




Directors and Officers Recent Trades:


  • Buy: Director Milton D. Avery bought 10,000 shares of GCFB stock on 08/31/2010 at the average price of 1.94. Milton D. Avery owns at least 10,000 shares after this. The price of the stock has decreased by 5.67% since.

  • Buy: Director Brian K. Gramm bought 5,000 shares of GCFB stock on 08/30/2010 at the average price of 1.75. Brian K. Gramm owns at least 5,000 shares after this. The price of the stock has increased by 4.57% since.

  • Buy: Director David A Timpe bought 5,000 shares of GCFB stock on 08/27/2010 at the average price of 1.72. David A Timpe owns at least 5,000 shares after this. The price of the stock has increased by 6.4% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


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