Partners Inc Appaloosa, 10% Owner at DANA CORP (DCN), bought 2,300,000 shares at $1.02 ($2.2M) on 2006-03-02, disclosed to the SEC on 2006-03-07.
Open-market purchase of $2.2M DCN 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 | $1.02 | 500,000 | $510K | 23.3% |
| 2 | $1.02 | 650,000 | $663K | 30.3% |
| 3 | $0.91 | 165,100 | $150K | 6.9% |
| 4 | $0.80 | 500,000 | $400K | 18.3% |
| 5 | $0.96 | 484,900 | $466K | 21.3% |
| Total | $0.95 avg | 2,300,000 |
| $2.2M |
| 100% |