RE: Insider selling Likely $3000 is an allowable tax calculation, or something along those lines. Your arguments are kind of stupid, aren't they? The whole canadian sector took a 20-40% hit across the board. Valuations mean nothing as the companies on Canadian exchanges all underperformed in 2011. No investment for our northern buddies. This speaks little of Argex, plain and simple. What are the current issues? Ramping up production? The First Nation p!ssing contest? And market recognition for Canadian traded commodities. You either waste your time trying to buy this stock below 40, or are bitter because of making a series of bad investments. You should join IHUB. More of your kind there.
Argex is an interesting story. It would be nice to see the SP get back to .60. IF the Canadian Exchanges become hot, this one will take off. Good grades, a processing system to ramp up, a spin off of another good property, what else?
But you look unknowledgeable bashing a Canadian based stock that is priced similar to every other stock in its widest sector. And I bet you are a buyer.
Looking for the ultimate depressed stock, look no further than Kiska.