Sunday, December 13, 2009

Weekly CFO Buys Highlight: Wireless Telecom Group, valuevision Media, American ...

According to GuruFocus Insider Data, the largest CFO buys during the past week were Wireless Telecom Group Inc (WTT), ValueVision Media Inc. (VVTV), American River Bankshares (AMRB), Hemispherx Biopharma Inc (HEB), Indiana Community Bancorp (INCB), PennantPark Investment Corp. (PNNT), and MagneTek Inc. (MAG).

Wireless Telecom Group Inc (WTT): President, CFO and CEO Paul S Genova Bought 20,000 Shares

President, CFO and CEO of Wireless Telecom Group Inc (WTT) Paul S Genova bought 20,000 shares on 12/04/2009 at an average price of $0.76. Wireless Telecom Group is a global provider of noise generation equipment in the telecommunications field. The company's products have been primarily used to test the performance and capability of cellular/PCS and satellite communications systems. Other applications include radio, radar, wireless local area network and digital television. Wireless Telecom Group Inc has a market cap of $17.9 million; its shares were traded at around $0.7 with and P/S ratio of 0.4. Wireless Telecom Group Inc had an annual average earning growth of 0.5% over the past 5 years.

ValueVision Media Inc. (VVTV): SVP & CFO Frank Elsenbast Bought 6,500 Shares

SVP & CFO of ValueVision Media Inc. (VVTV) Frank Elsenbast bought 6,500 shares on 12/03/2009 at an average price of $3.7. VALUEVISION INTERNATIONAL, IN is a home-shopping retailer in the United States. Through its continuous merchandise-focused television programming, it sells a wide variety of products directly to consumers. The products are presented by on-air hosts, and orders are processed on-site by its telemarketing service representatives who use its customized computer processing system which provides real-time feedback to the on- air hosts. Valuevision Media Inc. has a market cap of $142 million; its shares were traded at around $4.39 with and P/S ratio of 0.2.

ShopNBC announced financial results for its third fiscal quarter ended October 31, 2009. Third quarter revenues were $119.4 million, a 4% decrease from the same period last year. EBITDA, as adjusted, was a loss of ($5.6) million compared to an EBITDA, as adjusted, loss of ($13.3) million in the year-ago period. Net loss for the third quarter was ($12.9) million compared to a net loss of ($20.8) million for the same quarter last year. announced financial results for its third fiscal quarter ended October 31, 2009.

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