I've previously mentioned my reasons for entering LRAD, which include earnings blow out, conservative management, stock buy backs, and cool products. This can be a huge gainer if the international growth is sustained. After the market closed on Friday, we got one more piece of supporting evidence for my Big Gain Hunting thesis --- insider buying. A director bought last week at $3.03. If the insiders are comfortable buying here, then so am I. I increased my position at $3.16 this morning. The stock price increased significantly after that point on good volume:
EJ: I feel this one is very undervalued so I added 60% to my position. Not much action as of yet.