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Weekly CFO Buy Highlights: Neuralstem Inc., New Generation Biofuels Holdings, Converted Organics, Oracle Corp., First Advantage Bancorp

January 04, 2010 | About:
According to GuruFocus Insider Data, these are the largest CFO buys during the past week.

Neuralstem Inc. (CUR): CFO John Conron Bought 36,364 Shares

CFO of Neuralstem Inc. (CUR) John Conron bought 36,364 shares on 12/30/2009 at an average price of $1.65. NEURALSTEM's patent-protected technology enables, for the first time, the ability to produce neural stem cells of the human brain and spinal cord in commercial quantities, and the ability to control the differentiation of these cells into mature, physiologically relevant human neurons and glia. The Company expects that its first Investigational New Drug application will be for the treatment of Ischemic Paraplegia, a form of paraplegia that sometimes results from the surgery to repair aortic aneurysms and for which there is no effective treatment. Neuralstem Inc. has a market cap of $62.34 million; its shares were traded at around $1.79 with and P/S ratio of 203.74.

Neuralstem, Inc. recently provided a financial and business update for the third quarter ended September 30, 2009. For the third quarter of 2009, the Company reported a net loss of $5,096,983, or $0.15 per share, compared with a net loss of $3,177,957 or $0.10 per share, for the comparable 2008 period. Net loss attributable to common stockholders for the first nine months of 2009 was $7,380,751 or $0.22 per share, compared with $8,410,081, or $0.26 per share, for the comparable period in 2008.

Buy:: CEO Richard Garr bought 36,364 shares of CUR stock on 12/30/2009 at the average price of 1.65 and 189,111 shares of CUR stock on 12/30/2009 at the average price of 1.65, the price of the stock has increased by 8.48% since.

New Generation Biofuels Holdings Inc. (NGBF): CEO, CFO and President Cary J Claiborne Bought 20,000 Shares

CEO, CFO and President of New Generation Biofuels Holdings Inc. (NGBF) Cary J Claiborne bought 20,000 shares on 12/28/2009 at an average price of $0.71. NEW GENERATION BIOFUELS is a development stage renewable fuels provider. They hold an exclusive license for North America, Central America and the Caribbean to commercialize proprietary technology to manufacture alternative biofuels from vegetable oils and animal fats that they intend to market as a new class of biofuel for power generation, heavy equipment, marine use and as heating fuel. They believe their proprietary biofuel can provide a cheaper, renewable alternative energy source with significantly lower emissions than traditional fuels. Their business model calls for establishing direct sales from manufacturing plants that they may purchase or build and sublicensing their technology to qualified licensees. New Generation Biofuels Holdings Inc. has a market cap of $24.93 million; its shares were traded at around $0.79 with and P/S ratio of 1083.78.

New Generation Biofuels Holdings, Inc. announced its financial results for the quarter ended September 30, 2009. New Generation Biofuels reported revenues of $34,412 for the most recent quarter, consisting of additional shipments of fuel under customer contracts. The Company recognized a net loss of $2.3 million for the three months ended September 30, 2009, substantially unchanged from the $2.4 million net loss for the three months ended September 30, 2008.

Buy:: Director James Robert Jr. Sheppard bought 10,000 shares of NGBF stock on 12/17/2009 at the average price of 0.7, the price of the stock has increased by 12.86% since.

Converted Organics Inc. (COIN): CFO David R Allen Bought 5,000 Shares

CFO of Converted Organics Inc. (COIN) David R Allen bought 5,000 shares on 12/30/2009 at an average price of $0.69. CONVERTED ORGANICS INC., based in Boston, MA, is dedicated to producing valuable all-natural, organic soil amendment or fertilizer products through food waste recycling. The company uses proven, state-of-the-art technologies to create a product that helps grow healthier food and improve environmental quality. Converted Organics plans to sell and distribute its environmentally friendly fertilizer products in the retail, turf management, and agribusiness markets. The products have a long shelf life compared to many other organic fertilizers. The Company's fertilizer products can be used on a stand-alone basis or in combination with more traditional fertilizers and crop protection products. Converted Organics expects to benefit from increased regulatory focus on organic waste processing and on environmentally-friendly growing practices. Converted Organics Inc. has a market cap of $25.23 million; its shares were traded at around $0.67 with and P/S ratio of 16.3.

Buy:: President and CEO Edward J Gildea bought 8,000 shares of COIN stock on 12/23/2009 at the average price of 0.66, 6,000 shares of COIN stock on 12/28/2009 at the average price of 0.65,13,000 shares of COIN stock on 12/28/2009 at the average price of 0.65, 6,500 shares of COIN stock on 12/30/2009 at the average price of 0.7, and 3,250 shares of COIN stock on 12/31/2009 at the average price of 0.7, the price of the stock has decreased by 4.29% since.

Oracle Corp. (ORCL): CFO and Executive VP-Ops Jeffrey E Epstein Bought 3,000 Shares

CFO and Executive VP-Ops of Oracle Corp. (ORCL) Jeffrey E Epstein bought 3,000 shares during the past week at an average price of $25. Oracle Corporation is one of the world's leading suppliers of software for information management. The company develops, manufactures, markets and distributes computer software that helps corporations manage and grow their businesses. The company's software products can be categorized intotwo broad areas: Systems software and Internet business applications software. Oracle Corp. has a market cap of $122.97 billion; its shares were traded at around $24.53 with a P/E ratio of 17.03 and P/S ratio of 5.29. The dividend yield of Oracle Corp. stocks is 0.82%. Oracle Corp. had an annual average earning growth of 18.2% over the past 10 years. GuruFocus rated Oracle Corp. the business predictability rank of 4-star.

Oracle Corp. announced fiscal 2010 Q2 GAAP earnings per share of $0.29, up 15% compared to last year. Second quarter GAAP total revenues were up 4% to $5.9 billion, while quarterly GAAP net income was up 12% to $1.5 billion.

ORCL is in the portfolios of Ronald Muhlenkamp of Muhlenkamp Fund, Jeremy Grantham of GMO LLC, PRIMECAP Management, John Hussman of Hussman Economtrics Advisors, Inc., Kenneth Fisher of Fisher Asset Management, LLC, Bill Nygren of Oak Mark Fund, Daniel Loeb of Third Point, LLC, Ken Heebner of CAPITAL GROWTH MANAGEMENT LP, HOTCHKIS & WILEY of HOTCHKIS & WILEY Capital Management LLC, Mark Hillman of Hillman Capital Management, Paul Tudor Jones of The Tudor Group, Louis Moore Bacon of Moore Capital Management, LP, Bruce Kovner of Caxton Associates, Eric Mindich of Eton Park Capital Management, L.P., John Buckingham of Al Frank Asset Management, Inc., George Soros of Soros Fund Management LLC, Richard Snow of Snow Capital Management, L.P.

Buy:: Director Bruce R Chizen bought 4,200 shares of ORCL stock on 07/24/2009 at the average price of 22.22, the price of the stock has increased by 10.4% since. Sell:: SVP, Gen'l Counsel, Secretary Dorian Daley sold 17,968 shares of ORCL stock on 12/28/2009 at the average price of 24.88, the price of the stock has decreased by 1.41% since. Sell:: President Safra Catz sold 250,000 shares of ORCL stock on 12/24/2009 at the average price of 24.85, the price of the stock has decreased by 1.29% since. Sell:: Director Donald L Lucas sold 20,000 shares of ORCL stock on 12/24/2009 at the average price of 24.9, the price of the stock has decreased by 1.49% since. Sell:: Executive Vice President Juergen Rottler sold 250,000 shares of ORCL stock on 12/23/2009 at the average price of 24.72, the price of the stock has decreased by 0.77% since.

First Advantage Bancorp (FABK): CFO & Sec. Patrick C Greenwell Bought 111 Shares

CFO & Sec. of First Advantage Bancorp (FABK) Patrick C Greenwell bought 111 shares on 12/30/2009 at an average price of $10.64. First Advantage Bancorp operates as the holding company for First Federal Savings Bank, which provides banking and financial services to individual and corporate customers primarily in Tennessee. The Bank is a federally chartered savings bank that attracts deposits from the general public and uses those funds to originate one- to four-family mortgage loans, non-residential real estate loans, construction loans (including speculative construction loans) and land loans, and, to a lesser extent, multi-family loans, commercial business loans and consumer loans. The Bank operates five full-service offices and one limited service office in Montgomery County, Tennessee. First Advantage Bancorp has a market cap of $54.87 million; its shares were traded at around $10.61 . The dividend yield of First Advantage Bancorp stocks is 1.89%.

Buy:: CEO Earl O Bradley Iii bought 120 shares of FABK stock on 09/29/2009 at the average price of 10.45 and 119 shares of FABK stock on 12/30/2009 at the average price of 10.64, the price of the stock has decreased by 0.28% since. Buy:: Director William G Beach bought 332 shares of FABK stock on 12/30/2009 at the average price of 10.64, the price of the stock has decreased by 0.28% since. Buy:: Director Robert E Durrett Iii bought 393 shares of FABK stock on 12/30/2009 at the average price of 10.64, the price of the stock has decreased by 0.28% since. Buy:: President John T Halliburton bought 104 shares of FABK stock on 12/30/2009 at the average price of 10.64, the price of the stock has decreased by 0.28% since. Buy:: Director William Lawson Mabry bought 467 shares of FABK stock on 12/30/2009 at the average price of 10.64, the price of the stock has decreased by 0.28% since. Buy:: Director William H Orgain bought 381 shares of FABK stock on 12/30/2009 at the average price of 10.64, the price of the stock has decreased by 0.28% since.

For the complete list of stocks that bought by their CFOs, go to: Insider Buys.

About the author:

gurujk
Mark's equity focus is identifying secular growth trends, and the companies most likely to benefit from these macro trends. Stocks are identified through fundamental analysis, although basic technical analysis is used in determining entry and exit points. With a degree in Economics from the University of Michigan, a broader understanding of the economy as a whole, along with interpreting investor psychology is also a major interest for Mark. His career background has focused on financial analysis in corporate America. Visit Mark's website at http://www.fundmymutualfund.com/

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