Dominion director buys 5,000 shares

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Bobby Raines 05/07/2014

Michael Szymanczyk, a member of the board of directors at Dominion Resources ( D ) , bought 5,000 shares of the company's common stock on May 5. At $70.97 per share, Szymanczyk paid a total of $354,842 for the new shares.

IK-> The technicals for D ($71.72 up $1.07) are bullish with an upward trend. Recent support has been around 70.64 and recent resistance has been near 72.74. Standard & Poor's has a two STARs (out of five) rating on the stock. Look at the July 60/65 bull-put spread for a 20-cent credit. That's a 4.2% return and the stock has to fall 9.4% 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: D

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