I did a check of SPIR insider transactions and saw the following.
Dec 18, 2012; LITTLE ROGER G; Officer; 500,000; Indirect; Acquisition (Non Open Market) at $0.69 - $0.78 per share. $368,000
I think the $368,000 approximates Roger Little's compensation.
There are approximately 8,560,000 SPIR shares. 500,000 is ~5.8% of 8.56 million.
SPIR was down ~5.7% during 02012 and it ended the year #25 (out of 31) on the GDT::Portfolio. SPIR needs to be a top ten portfolio stock in order for the GDT::Portfolio to be strong.
I have placed an order to buy some SPIR at $0.55. SPIR ended 02012 at $0.50. The stock is thin and the ask is $0.57.
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