Goodrich Petroleum (GDP) COO Buys 10,000 Shares
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Goodrich Petroleum Corp. (NYSE: GDP) President/COO Robert C. Turnham disclosed the purchase of 10,000 shares on 11/14 at $8.15, bringing his stake to 369,110 shares.
Turnham has had mixed success timing the stock in the past on a short-term basis. On a longer-term basis shares are lower. In May 2012, he bought 7,000 shares at $14.50 for a loss after one-month of 4.4%. In May 2010, he bought 24,600 shares at $12.15 for an 11.4% one-month gain.
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Turnham has had mixed success timing the stock in the past on a short-term basis. On a longer-term basis shares are lower. In May 2012, he bought 7,000 shares at $14.50 for a loss after one-month of 4.4%. In May 2010, he bought 24,600 shares at $12.15 for an 11.4% one-month gain.
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