Richard A. Frandeen, Director at SUPERTEL HOSPITALITY INC (SPPR), bought 5,950 shares at $0.90 ($5K) on 2011-11-22, disclosed to the SEC on 2011-11-22.
Open-market purchase of $5k SPPR 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 | $0.90 | 1,950 | $2K | 32.5% |
| 2 | $0.91 | 4,000 | $4K | 67.5% |
| Total | $0.91 avg | 5,950 | $5K | 100% |