Richard C. Close, Director at METROLOGIC INSTRUMENTS INC (MTLG), sold 5,000 shares at $21.97 ($110K) on 2006-03-01, disclosed to the SEC on 2006-03-03.
Scheduled sale ($110k) by Director under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
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