Rodman & Renshaw (RODM) Sees Insider Buying

November 18, 2008 11:06 AM EST

Rodman & Renshaw Capital Group, Inc. (Nasdaq: RODM) sees insider buying. After the close, CEO Michael Lacovara disclosed a purchase of 50,000 shares on 11/17 at $1.12 and today CFO David Horin disclosed a purchase of 11,695 shares on 11/17 at $1.18.

Shares of Rodman & Renshaw are up 3.6% today to $1.15, with a 52-week range of $0.59-$4.45.

Rodman & Renshaw Capital Group, Inc., through its subsidiaries, engages in investment banking business.


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