Bernardo Melo, VP Sales at SINGING MACHINE CO INC (SMDM), bought 12,000 shares at $0.26 ($3K) on 2016-02-16, disclosed to the SEC on 2016-02-22.
Open-market purchase of $3k 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 | $0.26 | 4,000 | $1K | 33.3% |
| 2 | $0.26 | 8,000 | $2K | 66.7% |
| Total | $0.26 avg | 12,000 | $3K | 100% |
| Filing → |
| SMDM | BUY | 2018-07-31 | $1K | — | Filing → |
| SMDM | BUY | 2017-02-27 | $4K | — | Filing → |
| SMDM | BUY | 2017-01-25 | $5K | — | Filing → |