TSX:ELO - Post Discussion
Post by
likeike on Jun 11, 2021 5:35pm
greedy
@Lateeda VERY unusual for officers to not sell some to get funds to buy cheap warrant shares. Sometimes insiders get shares so cheap they don't mind sitting on them (not cashing out) but to buy more at current market on top of very large holdings, I agree with Ogny, that indicates they they see a low risk/high reward coming and they want more of it. 4
@Dreadnought Yes, buying 100,000 at .50 when the stock is at $ 4.00 is easy, buying 100,000 at $ 4.00 when the stock is at $ 4.00 isn't so easy. 4
@tin They are about to unlock the Mothership that's why I also added at end of trading today. They haven't found the edges or the limit at depth of the mineralization . Soon the market will figure this out also :) 4
@Truth Same. Thanks for the 4.86s near the close. Keep selling and I'll keep nibbling. 1
@OgnyQ4 Agreed. @Lateeda. With 68% of my portfolio in ELO, I like to think for myself, that I am the greedyest ELO shareholder. But look at our CEO. He have over 12 million dollars in shares and he bought half million dollars more at 4 dollars per share. At the same time he exercise warrants at 50cents. Still not selling. If I am as greedy as they are, is that means that I will be rich like them? LOL! @Lateeda VERY unusual for officers to not sell some to get funds to buy cheap warrant shares. Sometimes insiders get shares so cheap they don't mind sitting on them (not cashing out) but to buy more at current market on top of very large holdings, I agree with Ogny, that indicates they they see a low risk/high reward coming and they want more of it. 4
@Dreadnought Yes, buying 100,000 at .50 when the stock is at $ 4.00 is easy, buying 100,000 at $ 4.00 when the stock is at $ 4.00 isn't so easy. 4
@tin They are about to unlock the Mothership that's why I also added at end of trading today. They haven't found the edges or the limit at depth of the mineralization . Soon the market will figure this out also :) 4
@Truth Same. Thanks for the 4.86s near the close. Keep selling and I'll keep nibbling. 1
@OgnyQ4 Agreed. @Lateeda. With 68% of my portfolio in ELO, I like to think for myself, that I am the greedyest ELO shareholder. But look at our CEO. He have over 12 million dollars in shares and he bought half million dollars more at 4 dollars per share. At the same time he exercise warrants at 50cents. Still not selling. If I am as greedy as they are, is that means that I will be rich like them? LOL!
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