Tile Shop director buys 31,000 shares

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Bobby Raines 02/27/2014

Peter Jacullo, a director at Tile Shop Holdings ( TTS ) , bought 31,000 shares of the company's common stock on Feb. 24. At prices ranging from $15.42 per share to $15.45 per share, Jacullo paid a total of $478,440 for the new shares..

IK-> The technicals for TTS ($16.01 up $0.52) are bearish with an upward trend. Recent support has been around $13.04 and  recent resistance has been around $16.18. Standard & Poor's does not follow the stock. Look at the June 10/12.50 bull-put spread for a 20-cent credit. That's an 8.7% return and the stock has to fall 21.9% 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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