President Casinos Inc (LAYN)

It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity.

Nelson Obus' Wynnefield Partners currently owns 1.70 million shares of Layne Christensen Company (NASDAQ:LAYN), as a filing with the Securities and Exchange Commission showed.

Insider trading followers might have noticed that insider trading activity, especially on the buy side, has been quite sluggish in the first trading sessions of 2016.

All major U.S. indices are trading higher, after the freshly-released data on U.S. consumer prices reduced the likelihood of seeing a rate hike this year.

Traders, investors, and other market participants have been busy anticipating what the Fed will do with interest rates as its two-day policy meeting looms.

At Insider Monkey we try to keep a close watch on various filings with the Securities and Exchange Commission in order to follow the moves of over 730 hedge funds that we track.

Mario Gabelli’s GAMCO Investors has been particularly active over the past few days. Since the October 1, the mutual fund filed 8 Schedule 13D forms, disclosing changes it its equity positions.

In two new filings with the US Securities and Exchange Commission, Mario Gabelli's GAMCO Investors reported modifying its stakes in Layne Christensen Company (NASDAQ:LAYN) and Beasley Broadcast Group ...

Mario Gabelli's GAMCO Investors has disclosed picking up its stake in Layne Christensen Company (NASDAQ:LAYN) to 1.98 million shares, from 1.81 million reported as held at the end of the first quarter...