Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys. At MVC Capital (MVC), a filing with the SEC revealed that on Thursday, Director Robert C. Knapp purchased 35,882 shares of MVC, at a cost of $13.78 each, for a total investment of $494,583. So far Knapp is in the green, up about 1.6% on their purchase based on today's trading high of $14.01. This purchase marks the first one filed by Knapp in the past year. And at Ryman Hospitality Properties (RHP), there was insider buying on Wednesday, by CEO Colin V. Reed who purchased 5,424 shares at a cost of $43.45 each, for a total investment of $235,673. Before this latest buy, Reed purchased RHP on 3 other occasions during the past year, for a total investment of $1.22M at an average of $34.49 per share. Ryman Hospitality Properties is trading down about 0.4% on the day Friday. The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=201401Insiders011713&mv=1 .
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