Saturday, August 20, 2011

Streicher shares bring investors $2.45M - South Florida Business Journal:

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I reported selling a total of $866,126 worth of Streicherf (NASDAQ: FUEL) shares, while Active Investors II said itsold $1.5 million worth of shares in the Fort Lauderdale-base energy and transportation logistics firm. The Active Investores groups are private funds managed by The firsyt investor said itsold 226,800 shares over two Sept. 8 and Sept. 9, for an averagew of nearly $3.82 a share. The sale broughg the entity's directly held shares down to 613,94 2 shares. The second investodr said it sold 400,000 shares, Sept. 8, for $3.978 a share. The sale brought the entity'a directly held shares down to 429,680 shares.
It was 8 that Streicher disclosed its aHoustonb lubricants, fuels and petroleum products marketer and distributor. Buyiny , Streicher said, givex it additional operating locations in the Texas citiezof Lufkin, Freeport, Waco, Waxahachie and Longview. The day Streicheer disclosed the deal, its shares closed down 23 cents, to $3.778 from $4. The swings within the day were even The highwas $4.30 and the low was As of an Oct. 28 filing with the Securitied andExchange Commission, Streicher said Active Investorsx II held 1.08 million of its or 14.62 percent of the while held 1.09 million of its or 14.77 percent. Active Investors III also has a history of buyingtStreicher notes.
Streicher shares closed up 19 or 5.57 percent, to $3.60. The 52-week high was $5.10p on Sept. 2. The 52-week low was $1.12 on Nov. 17.

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