Walter G. Reinhard, Director at MIDDLESEX WATER CO (MSEX), bought 328 shares at $18.75 ($6K) on 2012-09-04, disclosed to the SEC on 2012-09-05.
Seasonal purchase ($6k) by Director — this insider has traded MSEX in September in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
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