Michael J. Gade, Director at MFRI INC (MFRI), bought 5,000 shares at $6.60 ($33K) on 2011-12-16, disclosed to the SEC on 2011-12-20.
Open-market purchase of $33k MFRI 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.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $6.55 | 2,500 | $16K | 49.8% |
| 2 | $6.60 | 2,500 | $17K | 50.2% |
| Total | $6.58 avg | 5,000 | $33K | 100% |
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