Lee B. Backsen, Director at CRIMSON EXPLORATION INC. (CXPO), bought 9,700 shares at $2.40 ($24K) on 2011-08-26, disclosed to the SEC on 2011-08-31.
Open-market purchase of $24k CXPO by Director. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $2.40 | 4,800 | $12K | 47.3% |
| 2 | $2.62 | 4,900 | $13K | 52.7% |
| Total | $2.51 avg | 9,700 | $24K | 100% |