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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Fool contributorTim Beyers is a member of theMotley Fool Rule Breakers stock-picking team. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim'sportfolio holdings andFoolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insightsdelivered directly to your RSS reader.
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