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(NECA) CEO, CFO, Pres and Treas, 10% Owner Rick W Walchuk sells 55,100 Shares

February 29, 2012 | About:
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insider

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CEO, CFO, Pres and Treas, 10% Owner of (NECA) Rick W Walchuk sells 55,100 shares of NECA on 02/28/2012 at an average price of $0.27 a share.

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This is the annual revenues and earnings per share of NECA over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of NECA.


CEO Recent Trades:


  • Pres/CEO/CFO and Treas, 10% Owner Rick W Walchuk sold 70,000 shares of NECA stock on 02/24/2012 at the average price of 0.33. Rick W Walchuk owns at least 26,030,000 shares after this.
  • CEO, CFO, Pres and Treas, 10% Owner Rick W Walchuk sold 90,000 shares of NECA stock on 02/22/2012 at the average price of 0.34. Rick W Walchuk owns at least 26,100,000 shares after this.
  • CEO/CFO/Pres/Treas, 10% Owner Rick W Walchuk sold 40,000 shares of NECA stock on 02/17/2012 at the average price of 0.34. Rick W Walchuk owns at least 26,190,000 shares after this.
  • CEO/CFO/Pres/Treas, 10% Owner Rick W Walchuk sold 20,000 shares of NECA stock on 02/15/2012 at the average price of 0.35. Rick W Walchuk owns at least 26,230,000 shares after this.

CFO Recent Trades:


  • Pres/CEO/CFO and Treas, 10% Owner Rick W Walchuk sold 70,000 shares of NECA stock on 02/24/2012 at the average price of 0.33. Rick W Walchuk owns at least 26,030,000 shares after this.
  • CEO, CFO, Pres and Treas, 10% Owner Rick W Walchuk sold 90,000 shares of NECA stock on 02/22/2012 at the average price of 0.34. Rick W Walchuk owns at least 26,100,000 shares after this.
  • CEO/CFO/Pres/Treas, 10% Owner Rick W Walchuk sold 40,000 shares of NECA stock on 02/17/2012 at the average price of 0.34. Rick W Walchuk owns at least 26,190,000 shares after this.
  • CEO/CFO/Pres/Treas, 10% Owner Rick W Walchuk sold 20,000 shares of NECA stock on 02/15/2012 at the average price of 0.35. Rick W Walchuk owns at least 26,230,000 shares after this.


For the complete insider trading history of NECA, click here.

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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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


Rating: 2.5/5 (2 votes)

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