GameStop (GME) CFO Carlson Buys Another 25K Shares
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GameStop Corp. (NYSE: GME) CFO David W. Carlson disclosed he bought another 25,000 shares on 6/2 at $25.08, bringing his stake to 219,828 shares.
Carlson just bought a separate 25,000 shares on 5/27. In a recent Barron's Online piece StreetInsider.com's President Lon Juricic said, "[The purchase is] positive in the sense that the CFO normally had been a seller in the past. Also, he bought back in November of 2008 for $18, which would have given investors a nice short-term pop if they had followed him in back then. So this could be an indication if people are looking for a good short-term trade, although investors should be more cautious if they're mulling a longer-term bet."
GameStop Corp. operates as a retailer of video game products and personal computer (PC) entertainment software.
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