Friday, April 29, 2011

Trading Alert for 5/2/2011

DRL - Doral Financial Group, Inc. DRL Earnings estimates are for a loss of 51 cents for 2011 and a profit of 7 cents for 2012. The book value is stated at $4.01. You can see the insider buying here or just below. There has been buying by a director and an officer at this company. The total of these four recent transactions is for about 70,000 shares, plus a lot of share aquisition through non-open market was happening since March 11, 2011. This is the first insider buying filed for this company since 2008. As we all know, people sell for different reasons, but the buy for only one...

DRL Recent insider buying
Date Insider Shares Type Transaction Value*
Apr 27, 2011 SPAGNOLETTI MAURICE JOfficer 20,000 Direct Purchase at $1.33 per share. 26,600
Apr 25, 2011 SMITH GERARD LDirector 25,000 Direct Purchase at $1.37 per share. 34,250
Apr 21, 2011 SPAGNOLETTI MAURICE JOfficer 16,000 Direct Purchase at $1.31 per share. 20,960
Apr 21, 2011 GILLERAN JAMES E.Director 10,000 Direct Purchase at $1.31 per share. 13,100
Symbol: DRL 
Backtest Strategy: Pennystocks100 (5 min chart)
Period: Apr 29, 2010 - Apr 29, 2011
# Win: 1
# Loss: 1
Winners: 50%
Profit-Loss%: +8.1% 

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