Air Products director buys 15,000 shares

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Air Products director buys 15,000 shares

Bobby Raines 11/01/2013

Seifi Ghasemi, who sits on the board of directors at Air Products and Chemicals ( APD ) , bought 15,000 shares of the company's common stock on Oct. 30. At $108.07 per share, Ghasemi paid a total of $1,621,332.

IK-> The technicals for APD ($108.22 down $0.79) are bullish with a neutral trend. Recent support has been around $106.54 and recent resistance has been around $111.84. Standard & Poor's has a three STARs (out of five) rating on the stock. Look at the Jan. 90/95 bull-put spread for a 35-cent credit. That's a 7.53% return and the stock has to fall 12.2% to cause a problem.  [InvestorsKeyhole, Various news and data services]

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Originally published on InvestorsObserver.com



This article appears in: Investing , Options


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