News Column

Wednesday 2/12 Insider Buying Report: EPB

February 12, 2014

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 one noteworthy recent insider buy.

On Tuesday, El Paso Pipeline Partners LP (EPB)'s CEO, Richard D. Kinder, made a $3.00M buy of EPB, purchasing 100,000 shares at a cost of $30.04 a piece. Kinder was up about 1.5% on the buy at the high point of today's trading session, with EPB trading as high as $30.50 at last check today. El Paso Pipeline Partners LP is trading up about 0.9% on the day Wednesday.

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