Thursday, February 16, 2012 1:00:29 AM
MERU 3.99 Heavy Insider and Institutional buying recently...
-Director Barry Newman has bought almost 100k shares on the open market over the last week. He is with Neocarta Ventures who filed a 13g this week stating they have increased their holdings to 11%
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001193125-12-055428.txt&FilePath=\2012\02\13\&CoName=MERU+NETWORKS+INC&FormType=SC+13G&RcvdDate=2%2F13%2F2012&pdf=
-26% of the 9.1 million share float is short.
-Director Barry Newman has bought almost 100k shares on the open market over the last week. He is with Neocarta Ventures who filed a 13g this week stating they have increased their holdings to 11%
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001193125-12-055428.txt&FilePath=\2012\02\13\&CoName=MERU+NETWORKS+INC&FormType=SC+13G&RcvdDate=2%2F13%2F2012&pdf=
-26% of the 9.1 million share float is short.
Worrying does not empty tomorrow of it's troubles, it empties today of it's strength.
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