Jabil director buys 6,800 shares

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Bobby Raines 12/30/2013

Martha Brooks, who sits on the board of directros at Jabil Circuit ( JBL ) has purchased 6,800 shares of the company's common stock so far in December. Brooks bough 6,500 shares on Dec. 20 for $16.11 per share and another 300 shares on $16.59 per share. All told, Brooks paid $109,659 for the new shares.

IK-> The technicals for JBL ($17.10 up $0.09) are bearish with an upward trend. Recent support has been around $16.36 and recent resistance has been around $17.25. Standard & Poor's has a three STARs (out of five) rating on the stock. Look at the March 11/15 bull-put spread for a 20-cent credit. That's a 5.26% return and the stock has to fall 12.3% 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: JBL

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