TSXV:AUN.H - Post by User
Comment by
JonEcashon Feb 07, 2011 7:43pm
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Post# 18090410
RE: Number of insider sellers grows.
RE: Number of insider sellers grows.I don't mind people posting the truth. Further to that, an AUN insider sold an additional 17K shares again today, which isn't a big deal IMHO; especially when we just churned 700K shares. Check the accumulation indicator on the daily chart, and you'll see that AUN is being BOUGHT on rising volume, not sold.
Everything that I've been reading says that silver is in a stronger position than gold, and just now I listened to Roger Wiegand announce to Korelin that he is confident that gold is setting up technically, for a move back to over $1400 within the next 3 weeks.
J$
And as a heads up for people who care about insider activity, have a look at AVR.to (which I've mentioned to this board before). Yesterday an insider bought 550K shares at $1.57, and another 300K today at $1.59. I grabbed some today at $1.59 and will pick up more if it drops further. Good one to accumulate and it's also the 2nd largest holding of one of Sprott's funds.
https://www.sprott.com/Fund1.aspx?id=27