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Tempur-Pedic (TPX) director Andrews McLane disclosed purchasing 112K shares through his wife's...

Tempur-Pedic (TPX) director Andrews McLane disclosed purchasing 112K shares through his wife's account, according to a SEC fiing. The insider buy comes on the heels of a freefall in shares of TPX after the company dramatically lowered its forecast for FY12 sales.
Comments (2)
  • wapiti
    , contributor
    Comments (711) | Send Message
     
    Smart guy....insiders have been dumping shares like crazy for the last 6 mos. surprised if he even owned ANY shares outright...they were exercising optiopns w/5 years remaining..HUmmmm???? Cramer loved this one too! Watch LULU, PII, SHW, ISRG, CMG, PNRA as well
    13 Jun 2012, 08:10 AM Reply Like
  • SaltyDog62
    , contributor
    Comments (791) | Send Message
     
    Let me see if I understand this. An insider buys 112k shares, next stock price plummets! Smart guy, or am I missing something.
    14 Jun 2012, 08:50 AM Reply Like
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