Howard S. Jonas, Chairman of the Board & CEO, 10% Owner at Genie Energy Ltd. (GNE), bought 4,560 shares at $5.37 ($24K) on 2017-03-07, disclosed to the SEC on 2017-03-09.
Scheduled purchase ($24k) by Chairman of the Board & CEO, 10% Owner under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
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