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President At This Consumer Discretionary Company Buys $189K of Stock

George Papanier, President at Ballys (NYSE:BALY), reported a large insider buy on November 7, according to a new SEC filing.

What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Papanier purchased 20,000 shares of Ballys. The total transaction amounted to $189,200.

Ballys shares are trading up 10.49% at $9.9 at the time of this writing on Wednesday morning.

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The Importance of Insider Transactions

Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction ...

Full story available on Benzinga.com


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