Directors and Officers Recent Trades:

• Buy: Director James D Buhr bought 40,000 shares of UBMI stock on 12/17/2010 at the average price of 2.5. James D Buhr owns at least 10,400 shares after this. The price of the stock has decreased by 100% since.


• Buy: Director Stephanie H Boyse bought 4,000 shares of UBMI stock on 12/17/2010 at the average price of 2.5. Stephanie H Boyse owns at least 7,270 shares after this. The price of the stock has decreased by 100% since.


• Buy: Director Len M Middleton bought 4,000 shares of UBMI stock on 12/17/2010 at the average price of 2.5. Len M Middleton owns at least 4,000 shares after this. The price of the stock has decreased by 100% since.


• Buy: Director James C Lawson bought 69,600 shares of UBMI stock on 12/17/2010 at the average price of 2.5. James C Lawson owns at least 50,242 shares after this. The price of the stock has decreased by 100% since.


• Buy: Director Norman G Herbert bought 3,600 shares of UBMI stock on 12/17/2010 at the average price of 2.5. Norman G Herbert owns at least 4,000 shares after this. The price of the stock has decreased by 100% since.

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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