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Bullboard - Stock Discussion Forum TriOil Resources Ltd TRIAF

GREY:TRIAF - Post Discussion

TriOil Resources Ltd > Re:Selling pressure removed
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Post by streamlight on May 29, 2013 12:29pm

Re:Selling pressure removed

I recall that insiders can't trade a stock within a certain time period if there is a deal on the table.Maybe someone such as PBN(Lightstream) has a deal on the table and can't keep dumping shares to keep price down. Just a thought.
Comment by not4anymore on May 29, 2013 1:28pm
Insiders have to report their trades, so dumping to keep the SP low really isn't an option for them. I would guess that Lightstream does have an offer on the table. TOL are looking for a better deal.   
Comment by veronikagermany on Jun 03, 2013 10:46am
The question with TOL is whether PBN will  buy  TOL or ARN instead.  PBN has stakes in both TOL and ARN and I believe it will buy one of these juniors   soon.
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