Carbo Ceramics CEO buys 2,000 shares

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Bobby Raines 08/11/2014

Gary Kolstad, the president and CEO of Carbo Ceramics ( CRR ) bought 2,000 shares of the company's common stock on Aug. 8. At $103.36 per share, Kolstad paid a total of $206,720.

IK-> The technicals for CRR ($108.74 up $1.67) are bearish with a possible trend reversal. Recent support has been around $101.85 and recent resistance has been around $140.54. Standard & Poor's does not follow the stock. Look at the Sept. 80/85 bull-put spread for a 25-cent credit. That's a 5.3% return and the stock has to fall 21.8% 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 The NASDAQ OMX Group, Inc.

Originally published on InvestorsObserver.com


This article appears in: Investing , Options

Referenced Stocks: CRR

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