COO of Cazador Acquisition Corp. Ltd. (NETE) Alberto Hernandez buys 3,700 shares of NETE on 10/24/2012 at an average price of $6.58 a share.

Cazador Acquisition Corp. Ltd. has a market cap of $37.4 million; its shares were traded at around $6.51 .

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

CEO Recent Trades:

• CEO Francesco Piovanetti bought 3,700 shares of NETE stock on 10/24/2012 at the average price of 6.58. Francesco Piovanetti owns at least 1,153,700 shares after this. The price of the stock has decreased by 1.06% since.

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

Directors and Officers Recent Trades:

• COO Alberto Hernandez bought 3,700 shares of NETE stock on 10/24/2012 at the average price of 6.58. Alberto Hernandez owns at least 3,700 shares after this. The price of the stock has decreased by 1.06% since.
• EVP, Chief Strategy Officer Richard William Lappenbusch sold 30,000 shares of NETE stock on 06/15/2012 at the average price of 0.14. Richard William Lappenbusch owns at least 3,364,500 shares after this.
• EVP, Chief Strategy Officer Richard William Lappenbusch sold 5,500 shares of NETE stock on 06/14/2012 at the average price of 0.15. Richard William Lappenbusch owns at least 3,483,500 shares after this.
• EVP, Chief Strategy Officer Richard William Lappenbusch sold 5,500 shares of NETE stock on 06/14/2012 at the average price of 0.15. Richard William Lappenbusch owns at least 3,394,500 shares after this.
• President, COO Richard William Lappenbusch sold 7,500 shares of NETE stock on 05/15/2012 at the average price of 0.14. Richard William Lappenbusch owns at least 5,991,000 shares after this.

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

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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