United States FIRE Insurance Co., 10% Owner at International Coal Group, Inc. (ICO), bought 1,800,000 shares at $1.61 ($2.9M) on 2008-11-21, disclosed to the SEC on 2008-11-24.
Open-market purchase of $2.9M ICO by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $1.62 | 1,000,000 | $1.6M | 55.7% |
| 2 | $1.61 | 800,000 | $1.3M | 44.3% |
| Total | $1.62 avg | 1,800,000 | $2.9M | 100% |
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