Jamba (JMBA) CEO's Insider Buying Gives Investors Hope

March 19, 2008 2:20 PM EDT

Jamba (Nasdaq: JMBA) CEO, Paul Clayton, bought 10,000 shares on 03/18 at $2.20, bringing his stake to 77,500 shares.

In addition, VP, Karen Luey, bought 5,000 shares on 3/19, bringing her staket to 11,000 shares.

The two insider transactions, while small, is a positive develoment for Jamba, which has been trading like it is going out of business. The stock is down 76% over the last year. [LJ]


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Comments

JMBA
Get in! on Mar 25, 2008 03:20 PM

This company is poised to take off. I'm buying a ton of shares at this ridiculously low price bc I think the stock can hit $5 by August.

And my stake is ...
Jamba! on Mar 24, 2008 01:19 PM

I have 1000 shares at $10/share, and I'm still a happy customer!

jmba
MeaninglessInsiderBuyingLikeThis on Mar 21, 2008 12:35 PM

jmba is to fall below 2 by June.


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