Charles R. Cummings, Director at AFFORDABLE RESIDENTIAL COMMUNITIES INC (ARC), bought 15,000 shares at $9.59 ($144K) on 2006-05-10, disclosed to the SEC on 2006-05-18.
Open-market purchase of $144k ARC by Director. 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.
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