RE:Dale made more buys on Jan 12thIn my opinion, as an insider Dale should not be acquiring shares while having knowledge of the production rates of the recently drilled wells before that information is made public.
The new wells have the potential to increase current corporate production rates by as much as 30 -50% which is extremely material.
Insiders must make that information public and then buy the shares. It has to be a level playing field for all investors. Some shareholders have sold their positions in the past few days without having the benefit of the new well information to assist them in making their decision.
This is very unprofessional behavior and I am considering lodging a complaint with the securities commission.