Richard C. Close, Director at METROLOGIC INSTRUMENTS INC (MTLG), sold 5,000 shares at $22.48 ($112K) on 2006-04-03, disclosed to the SEC on 2006-04-11.
Scheduled sale ($112k) 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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