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(Christopher Furlong/Getty Images)
(Christopher Furlong/Getty Images)

Who's Buying and Selling

Peyto founder buys during selloff Add to ...



While markets have been off to a strong start this year, some stocks have been left behind. In particular, natural gas drillers have taken it on the chin in wake of a selloff in natural gas prices. At Alberta-focused Peyto Exploration & Development there has been both insider buying and selling this month. However, what caught our attention were purchases by company founder Don Gray. In our experience, Mr. Gray has a good nose for opportunity. In true contrarian fashion, on Jan. 19 he bought 5,000 shares at $20.05.

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