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Vestin Realty Mortgage II Inc. (VRTB) CEO Michael V Shustek buys 35,000 Shares

November 13, 2009 | About:
insider

insider

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President & CEO of Vestin Realty Mortgage II Inc. (VRTB) Michael V Shustek buys 35,000 shares of VRTB on 11/11/2009 at an average price of $2.5 a share.

Vestin Realty Mortgage II, Inc., a real estate investment trust, invests in short-term loans secured by real estate through deeds of trust or mortgages. It offers various real estate loans, including commercial property, acquisition and development, land, and residential loans. ). Its manager is Vestin Mortgage, Inc., which is a wholly owned subsidiary of Vestin Group, Inc. The Company's primary business objective is to generate income while preserving principal by investing in real estate loans. It operates in Arizona, California, Hawaii, Nevada, New York, Oklahoma, Oregon, Texas, and Washington. Headquartered in Las Vegas, Nevada, the company has elected to be treated as a real estate investment trust (REIT) under the Internal Revenue Code of 1986. Vestin Realty Mortgage Ii Inc. has a market cap of $32 million; its shares were traded at around $2.32 .

Insiders' Positions with VRTB


  • Buy:: President & CEO Michael V Shustek bought 14,400 shares of VRTB stock on 09/02/2009 at the average price of 2.55, the price of the stock has decreased by 9.02% since

  • Buy:: President & CEO, 10% Owner Michael V Shustek bought 3,650 shares of VRTB stock on 08/27/2009 at the average price of 2.56, the price of the stock has decreased by 9.38% since

  • Buy:: President & CEO, 10% Owner Michael V Shustek bought 8,000 shares of VRTB stock on 08/26/2009 at the average price of 2.55, the price of the stock has decreased by 9.02% since

  • Buy:: President & CEO, 10% Owner Michael V Shustek bought 18,238 shares of VRTB stock on 08/24/2009 at the average price of 2.54, the price of the stock has decreased by 8.66% since

  • Buy:: President & CEO Michael V Shustek bought 42,200 shares of VRTB stock on 08/20/2009 at the average price of 2.57, the price of the stock has decreased by 9.73% since


Insiders' Positions with VRTB


  • Buy:: CFO Maria Rocio Revollo bought 1,000 shares of VRTB stock on 08/28/2009 at the average price of 2.51, the price of the stock has decreased by 7.57% since


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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


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