Management Ltd Mezzanine, 10% Owner at ARGYLE SECURITY, INC. (ARGL.OB), bought 408,500 shares at $0.97 ($380K) on 2009-05-29, disclosed to the SEC on 2009-06-01.
Open-market purchase of $380k ARGL.OB 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 | $0.87 | 166,000 | $144K | 38.0% |
| 2 | $0.97 | 242,500 | $235K | 62.0% |
| Total | $0.93 avg | 408,500 | $380K | 100% |