Burford H. Ortale

All filings by Burford H. Ortale on record concern Bimini Capital Management, Inc. In total, 12 filings cover trades dated from 26 January 2006 to 22 May 2007.

In open-market terms, that means 1 purchase worth €21k on one side and 9 sales worth €341k on the other. Taken together, the sales exceed the purchases by €319k. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. The rest of the record consists of 2 share grants. So far in 2007, the count stands at no purchases and 9 sales.

The newest entry dates from 22 May 2007: an open-market sale of €558, in Bimini Capital Management, Inc. The clock since the last published purchase (27 January 2006) now reads 7,591 days. Most trades are made public on the day they happen. The legal deadline for a Form 4 is two business days after the transaction. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.