VeriFone CFO buys 10,000 shares

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Bobby Raines 01/31/2014

Marc Rothman, the CFO at VeriFone Systems ( PAY ) , bought 10,000 shares of the company's common stock on Jan. 28. At $28.67 per share, Rothman paid a total of $286,700 for the shares.

IK-> The technicals for PAY ($29.64 up $0.19) are bullish with an upward trend. The recent support has been around $28.26 and recent resistance has been around $29.96. Standard & Poor's does not follow the stock. Look at the March 21/26 bull-put spread for a 40-cent credit. That's an 8.7% 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: PAY

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