Wednesday, October 29, 2008

Dow Chemical Insiders Buy More Shares

I said yesterday there was more buying to come...

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After yesterday's insider buying announcement, today VP Greg Freiwald disclosed he purchased 16,000 at $23 a share on Tuesday spending $368k of his own money. He now holds over 103K shares directly.

That brings the two day total to almost $700k of insider money buying shares so far this week. I said yesterday "I would expect more purchases in the coming days".

I still do... When Berkshire's (BRK.A) Buffett sees the value and management is ponying up cash to buy shares...one might want to take a look..no?

Oh yea....and a 7% dividend..




Disclosure ("none" means no position):Long Dow
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