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YousefAli1
Apr 4, 2016 12:12 AM

VMEM Long

Description

Massive volume of insider buying in March. To begin with, Director Donald J. Listwin purchased 100,000 shares on Thursday at $0.52 apiece, all of which are held by the Don Listwin Trust that currently owns nearly 2.34 million shares. Mr. Listwin purchased an additional 286,000 shares in mid-March. More importantly, Chief Executive Officer and President Kevin DeNuccio snapped up 75,000 shares last Monday at a weighted average price of $0.50, which lifted his ownership to 348,054 shares.

Needs to break past .54 to be in bullish trend
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