Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis..
What: Shares of Central Pacific Financial
So what: Klarman's latest filing with the SEC also shows substantial new bets on BP
Now what: Interestingly, Klarman's buy comes just as Central Pacific was ranked fifth on a list of 10 regional banks experiencing heavy insider buying. I don't believe that's a coincidence, and as such I've rated the stock to outperform in my Motley Fool CAPS portfolio. Do you agree? Would you buy at these levels? Weigh in using the comments box below.
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