There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on February 7, Multimedia Games Holding Company, Inc.'s Director, Neil E. Jenkins, invested $54,783.90 into 3,000 shares of MGAM, for a cost per share of $18.26. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their comp...
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on February 7, Multimedia Games Holding Company, Inc.'s Director, Neil E. Jenkins, invested $54,783.90 into 3,000 shares of MGAM, for a cost per share of $18.26. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their comp...
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