MGM Energy Corp MGMCF

Insider Trading (or the lack there of)

[glacierman]

In a prior post,  I bemoaned the lack of insider buying by Clay and other big wigs.     Now I’m taking a very difference stance.     I read an interesting article about the “Rumor-Validity” test.   To paraphrase:  “There is very compelling evidence that insiders who know their firm is a friendly takeover target are VERY unlikely to trade in their own securities for a variety of legal and ethical reasons”.       Consider the facts.     Shell has begun a very cozy relationship with MGM and ALL insider buying and selling has ceased.    Coincidence or not??