Replies to post #191017 on ORIONS Money Stocks

[$oldier Hard]

MERU is really looking Great my friend. closed above the weekly ma 20. no surprise that it ran into the 5s last run and like you said that was without insider and institutional buying too. the 8 mil float does offer us a nice ride imo. as well you mentioned the short position which is approx,
Shares Short (as of Jan 31, 2012)3: 2.19M
Short Ratio (as of Jan 31, 2012)3: 14.60
Short % of Float (as of Jan 31, 2012)3: 26.20%
weekly.

[beach_trades]

Meru Networks, Inc. (MERU): Shares of this wireless networking company were acquired by 3 insiders:

Director Barry A. Newman acquired 100,000 shares, paying $3.68 per share for a total amount of $368,204. Mr. Newman increased his stake by 918.61% to 110,886 shares with this purchase.
Director Harold D. Copperman acquired 27,000 shares, paying $3.76 per share for a total amount of $101,634. Mr. Copperman increased his stake by 48.40% to 82,782 shares with this purchase.
SVP of WW Sales, SRVC & SUPT Larry Vaughan acquired 4,000 shares, paying $3.66 per share for a total amount of $14,640. Mr. Vaughan increased his stake by 286.74% to 5,395 shares with this purchase.


Im not in yet, but that is some nice buying!