Cyan soars on big insider buy

|By:, SA News Editor

Cyan (CYNI +14.5%) sales SVP James A. Hamilton discloses he bought 100K shares on Monday at $3.35.

The purchase came with Cyan shares close to their post-IPO low of $3.19. They cratered in both October and January following bad earnings news. Soft orders from top customer Windstream were a culprit each time.