Clean Energy insiders buy 48,000 shares


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Bobby Raines 03/10/2014

A group of insiders at Clean Energy Fuels ( CLNE ) has been buying the company's stock so far this month. Four members of the board of directors, including the company's president and CEO, Andrew Littlefair, bought a total of 48,000 shares, spending $438,734 in the process.

IK-> The technicals for CLNE ($9.63 up $0.04) are bearish with an upward trend. Recent support has been around $9.10 and recent resistance has been around $9.70. Standard & Poor's does not follow the stock. Look at the June 7/9 bull-put spread for a 35-cent credit. That's a 21.2% return and the stock has to fall 6.5% 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.

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