Bernardo Melo, VP Sales at SINGING MACHINE CO INC (SMDM), bought 8,016 shares at $0.52 ($4K) on 2017-02-15, disclosed to the SEC on 2017-02-27.
Open-market purchase of $4k SMDM by VP Sales. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.51 | 516 | $263 | 6.2% |
| 2 | $0.52 | 1,000 | $520 | 12.2% |
| 3 | $0.55 | 1,500 | $825 | 19.4% |
| 4 | $0.52 | 1,000 | $520 | 12.2% |
| 5 | $0.53 | 4,000 | $2K | 49.9% |
| Total | $0.53 avg | 8,016 |
| $4K |
| 100% |
| Filing → |
| SMDM | BUY | 2018-07-31 | $1K | — | Filing → |
| SMDM | BUY | 2017-01-25 | $5K | — | Filing → |
| SMDM | BUY | 2016-05-10 | $870 | — | Filing → |