Monday, October 24, 2011

Insider Trading: 10% Holder Kevin Douglas Buys Another 938,000 American Superconductor (AMSC)

Seriously deep pockets.
We chronicled some of Mr. Douglas' pre-collapse purchases in:
Dec. 2010 
How Much Money Does Kevin Douglas Have? (and why is he putting it all into American Superconductor?) AMSC
Feb. 2011 
Insider: Kevin Douglas Continues to Buy American Superconductor, Another $8 Million Last Month (AMSC)
That last was with the stock at $28.46.

The latest, 938,000 at an average $4.355, a tidy $4.085 Mil., on 9-29 and 9-30.
Here's the report via SECForm4.