GREY:SCSZF - Post by User
Comment by
vandenpon Apr 02, 2002 12:47pm
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Post# 4952885
RE: Insiders buying
RE: Insiders buyingTravelingman,
I have always found these insider info databases very confusing.
I normally look at https://www.bcsc.bc.ca/ftp/insider/weekly.txt
I never know what to believe.
You mentioned that Pat purchased 294,000 shares of SCS, in the month of January and that Frank Wells purchased 250,000 shares.
What did they pay for these shares?
If they were buying shares at $.20 and up I would be happy (as long as they haven't been selling them at $.40 and up), but if they payed nothing for them then it would be meaningless to me.
I'm not sure, but I would love to know.
BTW, I'm sure that the insiders at SCS, know more about the future direction of SCS, than those who post on this forum. The question for me is are they telling us the truth about it or are they just leading us to believe everything's much better then it actually is (like they did on Sept 28th).
Hopefully this time will be different.
Anyway, if anyone can answer the question of what they payed for these shares it would be much appreciated.