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MightyMo

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P&P Score: 99.79 Points: 324.62 Accuracy: 62.30% Average Pick Score: 1.20 Annual Return: 13.01% (53.50% since 1/3/08)

MightyMo's Blog : WHAT GIVES? HUGE INSIDER BUYING

Date

January 16, 2010 Edited: January 16, 2010

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Anybody knows what going with Enterprise Financial Services Corp. (EFSC)? This mickey mouse bank (ranked 22 out of 25 in Kansas City) had about nine different insiders buy EFSC stock around Jan 10 at a price a few pennies about 8.00 a share. The stock ended up Friday at 9.23. EFSC did buy a bankrupt bank in Arizona in December allowing EFSC access to arizona.

Our thought for the day #6 comes from Oliver Velez
"Losing can be winning",
"If you don't know how to lose, you might as well pick up your bags because your days as a stock participant are numbered"
"Each time a carefully chosen stock gets stopped out, you have not lost, you've won. What have you won? First of all, traders who have been stopped out of their trades hae won a good part of their money back. There are plenty of past traders who wish they could claim such a thing. Because they had no stops, they are now part of history....they cannot get back into the game".
Oliver Velez

By the by, a link to our latest stock pick

http://mightymo-market.blogspot.com/

....Does anyone know what time is time, does anybody really care....

Tags : EFSC

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rjm77me

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January 17, 2010 14:34 Abuse this post

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Company raised cash by selling shres to insiders at 8.09 and out side 15 accredited investors at 7.71

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MightyMo

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January 18, 2010 21:06 Abuse this post

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rym77me

thanks, i knew it had to be something along those lines....

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