Weekly CFO Buys Highlight: RegeneRX Biopharmaceuticals, ZBB Energy Corp., Smart Balance Inc., Great Wolf Resorts, Metalline Mining Company, Globe Specialty Metals Inc.

Weekly CFO Buys Highlight: RGN, ZBB, SMBL, WOLF, MMG, GSM

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Jun 21, 2010
According to GuruFocus Insider Data, the largest CFO buys during the past week were RegeneRX Biopharmaceuticals Inc, ZBB Energy Corp., Smart Balance Inc., Great Wolf Resorts Inc., Metalline Mining Company, and Globe Specialty Metals Inc.


CFO & Treasurer of RegeneRX Biopharmaceuticals Inc (RGN, Financial) C Neil Lyons bought 20,000 shares on 06/11/2010 at an average price of $0.28. RegeneRx is a biopharmaceutical company that holds over fifty world-wide patents and patent applications related to dermal, ocular, and internal wounds and tissue repair, including the treatment and prevention of cardiac and neurological injuries. Regenerx Biopharmaceuticals Inc has a market cap of $23.72 million; its shares were traded at around $0.3299 with and P/S ratio of 141.2.


CFO & Treasurer C Neil Lyons bought shares of RGN stock.


ZBB Energy Corp. (ZBB, Financial): EXEC VP and CFO Scott W. Scampini Bought 18,000 Shares


EXEC VP and CFO of ZBB Energy Corp. (ZBB) Scott W. Scampini bought 18,000 shares on 06/18/2010 at an average price of $0.54. ZBB Energy Corporation develops and manufactures distributed energy storage solutions based on the Company's proprietary zinc-bromine rechargeable electrical energy storage technology. Zbb Energy Corp. has a market cap of $9.1 million; its shares were traded at around $0.61 with and P/S ratio of 7.91.


ZBB Energy Corporation reported results for its third quarter ending March 31, 2010. Sales during the 2010 third quarter were $188,780, a decrease of 14 percent compared to $219,853 during last year's third quarter. Operating expenses for the third quarter of fiscal year 2010 increased 28 percent to $2.2 million, from $1.7 million in the prior year third quarter. The Company reported a net loss for the third quarter of 2010 of $2.0 million, or $0.16 per share, compared to a net loss of $1.5 million, or $0.16 per share for the third quarter of 2009.


EXEC VP and CFO Scott W. Scampini and Director Manfred E Birnbaum bought shares of ZBB stock.


Smart Balance Inc. (SMBL, Financial): Executive VP & CFO Alan S Gever Bought 10,572 Shares


Executive VP & CFO of Smart Balance Inc. (SMBL) Alan S Gever bought 10,572 shares on 06/15/2010 at an average price of $3.97. SMART BALANCE INC. is committed to providing superior tasting heart healthier alternatives in every category it enters by avoiding trans fats naturally, balancing fats and/or reducing saturated fats, total fat and cholesterol. Smart Balance Inc. has a market cap of $269.31 million; its shares were traded at around $4.3 with a P/E ratio of 43 and P/S ratio of 1.12.


SMBL is in the portfolios of Columbia Wanger of Columbia Wanger Asset Management, Columbia Wanger of Columbia Wanger Asset Management, Pioneer Investments, Pioneer Investments, NWQ Managers of NWQ Investment Management Co, Chuck Royce of Royce& Associates, PRIMECAP Management, Jim Simons of Renaissance Technologies LLC.


Executive VP & CFO Alan S Gever, Principal Accounting Officer John F Konzelmann, and Director Gerald J Laber bought shares of SMBL stock.


Great Wolf Resorts Inc. (WOLF, Financial): CFO James A Calder Bought 10,000 Shares


CFO of Great Wolf Resorts Inc. (WOLF) James A Calder bought 10,000 shares on 06/17/2010 at an average price of $2.27. Great Wolf Resorts, Inc. is the largest owner, operator and developer in North America of drive-to family resorts featuring indoor waterparks and other family-orientated activities. Great Wolf Resorts Inc. has a market cap of $74.98 million; its shares were traded at around $2.32 with and P/S ratio of 0.28.


Great Wolf Resorts, Inc. reported results for the first quarter ended March 31, 2010. Total revenue increased 13.4 percent over first quarter of 2009 to $70.7 million. For the first quarter ended March 31, 2010, the Company reported a net loss of $(8.1) million, or $(0.26) per share, compared to a net loss $(5.6) million, or $(0.18) per diluted share for the same period a year earlier.


WOLF is in the portfolios of Ron Baron of Baron Funds, Jim Simons of Renaissance Technologies LLC.


CFO James A Calder bought shares of WOLF stock.


Executive Vice President Timothy Black sold shares of WOLF stock.


Metalline Mining Company (MMG, Financial): CFO Robert J Devers Bought 10,000 Shares


CFO of Metalline Mining Company (MMG) Robert J Devers bought 10,000 shares on 06/18/2010 at an average price of $0.6. Metalline Mining Company has a market cap of $34.88 million; its shares were traded at around $0.63.


CFO Robert J Devers, Director Robert K Kramer, and President Merlin Bingham bought shares of MMG stock.


Globe Specialty Metals Inc. (GSM, Financial): CFO Malcolm Appelbaum Bought 5,000 Shares


CFO of Globe Specialty Metals Inc. (GSM) Malcolm Appelbaum bought 5,000 shares on 06/10/2010 at an average price of $10. Globe Specialty Metals, Inc., together with its subsidiary companies, is among the world's largest producers of silicon metal and silicon-based specialty alloys - critical ingredients in a host of industrial and consumer products with growing markets. Globe Specialty Metals Inc. has a market cap of $829.44 million; its shares were traded at around $11.16 with a P/E ratio of 38.48 and P/S ratio of 1.95.


Globe Specialty Metals, Inc. announced results for the quarter and nine months ended March 31, 2010. Net sales for the third quarter ended March 31, 2010 were up 4%, to $112.5 million, and shipments increased 7% to 47,684 MT, from second quarter ended December 31, 2009. Net income attributable to GSM for the third quarter was $0.5 million, compared to $18.5 million in our second quarter, which included a $14.0 million after-tax gain on the sale of our Brazilian operations. Diluted earnings per share were $0.01 in the third quarter, compared to $0.25 per share in our second quarter, which included a $0.19 per diluted share gain on the sale of our Brazilian operations.


GSM is in the portfolios of Ron Baron of Baron Funds, NWQ Managers of NWQ Investment Management Co, Pioneer Investments, Pioneer Investments, Steven Cohen of SAC Capital Advisors.


CFO Malcolm Appelbaum and Director Donald G Jr Barger bought shares of GSM stock.


Senior Vice President Theodore Jr. Heilman sold shares of GSM stock.


CONSTELLATION ENERGY (CEP): CFO and Treasurer Charles C Ward Bought 4,500 Shares


CFO and Treasurer of CONSTELLATION ENERGY (CEP) Charles C Ward bought 4,500 shares on 06/18/2010 at an average price of $3.04. CONSTELLATION ENERGY PARTNERS LLC, is a limited liability company focused on the acquisition, development and production of oil and natural gas properties, as well as related midstream assets. Constellation Energy has a market cap of $75.97 million; its shares were traded at around $3.16 with and P/S ratio of 0.53.


President, CEO and COO Stephen R Brunner and CFO and Treasurer Charles C Ward bought shares of CEP stock.


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