Still More Mylan (MYL) Execs Load Up Shares

March 11, 2008 11:02 AM EDT
This morning, Mylan Laboratories (NYSE: MYL) COO Heather Bresch and Director Rodney Piatt disclosed purchases of 5,000 shares each on 03/10.

Bresch and Piatt join the CEO, CFO and Chief Legal Officer who have also recently disclosed purchases. None of the buys has been over 30,000 shares.

Mylan, a generic drug maker, have suffered a crisis of confidence with shares trading at multi-year lows. The recent insider buying is likely to show the market that management is positive about the long-term prospects of the company. Still, despite the insider buying, the stock has done little. [LJ]

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