{"id":28421,"date":"2014-08-15T08:50:56","date_gmt":"2014-08-15T12:50:56","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=28421"},"modified":"2014-08-15T08:50:56","modified_gmt":"2014-08-15T12:50:56","slug":"vision-sciences-inc-nasdaqvsci-chairman-lifts-his-holding","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/vision-sciences-inc-nasdaqvsci-chairman-lifts-his-holding-28421","title":{"rendered":"Vision-Sciences, Inc. (NASDAQ:VSCI) Chairman Lifts His Holding"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 08\/15\/2014 (wallstreetpr) \u2013 Endoscopy products manufacturer <strong>Vision-Sciences, Inc. (NASDAQ:VSCI)<\/strong> chairman seems to be taking advantage of the current price in the stock market and lifting his holding in the company through open market purchases.<\/p>\n<p style=\"text-align: justify;\"><strong>Buys Shares<\/strong><\/p>\n<p style=\"text-align: justify;\">The company\u2019s chairman of the board Lewis Pell has resorted to buying Vision-Sciences, Inc. (NASDAQ:VSCI) shares of late. He has purchased shares on August 11, 12 and 13 from the open market. While Lewis had acquired 14,220 shares on <a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/894237\/000143774914015388\/xslF345X03\/rdgdoc.xml\" target=\"_blank\">August<\/a> 11 at an average price of 92 cents a share, he had purchased another 16K shares on August 12 at an average cost of 91 cents a share. Similarly, he had acquired another 13.2K shares at an average price of 90 cents a share.<\/p>\n<p style=\"text-align: justify;\">A total of 43,420 shares were purchased by the chairman in the three-day period by spending $39.5K. In the process, he had lifted his holding to 8.618 million shares from 8.589 million shares in a matter of three day\u2019s time.<\/p>\n<p style=\"text-align: justify;\"><strong>Buying At Every Dip<\/strong><\/p>\n<p style=\"text-align: justify;\">From the way the chairman had acquired the shares at an average price of 92 cents, 91 cents and 90 cents respectively in the three-day period he had shopped, it was quite clear that he was ready to buy at every dip in the stock price.<\/p>\n<p style=\"text-align: justify;\">The stock had a 52-week high and low of $1.75 and $0.78 respectively. It meant he had paid 12 cents \u2013 14 cents a share more from the year-low price. However, he had paid 86 cents \u2013 88 cents a share lower than the yearly high price.<\/p>\n<p style=\"text-align: justify;\">In comparison with the 50-day and 200-day moving average <a href=\"http:\/\/finance.yahoo.com\/q\/ks?s=VSCI+Key+Statistics\" target=\"_blank\">prices<\/a> of $1.08 and $1.21 respectively, the chairman had paid 26 cents \u2013 28 cents a share and 29 cents \u2013 31 cents a share lower than the technically important barometers.<\/p>\n<p style=\"text-align: justify;\"><strong>Bets On Pulmonology<\/strong><\/p>\n<p style=\"text-align: justify;\">Vision-Sciences, Inc. (NASDAQ:VSCI) said recently that it had a robust uptick in its pulmonology line in the first quarter that included the launch of the fresh BRS-5100 video bronchoscope. Its revenue jumped to <a href=\"http:\/\/finance.yahoo.com\/news\/vision-sciences-reports-first-quarter-203000978.html\" target=\"_blank\">365K<\/a> from $87K in the last year first quarter period. Its Urology, ENT and TNE segments witness a downtick in sales by 5%, 26% and 11% respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 08\/15\/2014 (wallstreetpr) \u2013 Endoscopy products manufacturer Vision-Sciences, Inc. (NASDAQ:VSCI) chairman seems to be taking advantage of the current price in the stock market [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":28427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[264],"tags":[7945,7944,7943],"stock_ticker":[],"class_list":["post-28421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health","tag-nasdaqvsci","tag-vision-sciences-inc","tag-vision-sciences-inc-nasdaqvsci","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Vision-Sciences, Inc. 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