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MagIndustries Corp MAAFF

Agriculture Forest Products Agricultural Inputs Lumber & Wood Production
MagIndustries Corp is engaged in development and exploration of potash salt deposits. The company has two business units: MagMinerals and MagForestry. It is primarily engaged in the financing, developing and placing into production or operation of the projects such as potash plant, a potash exploration and eucalyptus plantation and chip mill. Geographically all the operations are functioned through the region of Canada.


GREY:MAAFF - Post by User

MagIndustries Corp
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Comment by stocktaon Sep 29, 2009 12:10am
271 Views
Post# 16345934

RE: RE: RE: OLD NEWS

RE: RE: RE: OLD NEWSwho knows, could be a hundred reasons.  If I saw every insider and/or insiders selling a lot more of their shares, I would be concerned but it is only exercising options.  Even if he thinks the price will rise, it makes no difference to the shareholder when he exercises them, the gains will still be locked in and the shares will appreciate in value.  Maybe he wanted to crystalize a capital gain at this value and didn't want to crystallize any more capital gain for this year, he wanted to defer the massive gains for future years by exercising now.
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