Wtf?????

I am a commodity guy by trade and experience, so can someone that knows stocks please explain this?

http://finance.yahoo.com/q/it?s=KR

Look at what susan phillips paid for 2,500 shares of kroger. Really though, WTF?

 

13-Dec-07 PHILLIPS SUSAN M
Director 2,500 Direct Acquisition (Non Open Market) at $2500 per share. $6,250,000


She must be really bullish.

 

I'm a Futures & Options guy too, but by glancing at the stock, perhaps it is a typo for $25 /share?!

 

Sue is always doing stuff like that.

 

Typical woman overspending.

 

I guess she REALLY thinks her company is undervalued!

 

Women always buy overpriced stuff for bragging rights

 

part of Yahoo Finance disclaimer:

"...Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. ..."

 

I can ask her if you want lol, I work with her at time

Though it does look like it was meant to be $25.00.

 

another source here, not a typo-

http://www.secform4.com/filings/56873/000120919107070134.htm