Post by
chux02 on Sep 23, 2009 10:58am
I Wonder Why Bob's SELLING So Many Shares??
You know, RobertSwenarchuk? I swear between the shorts HOVERING OVER THIS STOCK and Bob here selling 70,000 shares JUST YESTERDAY, HOW THE HELL DOES THIS APPRECIATE???? This is EXACTLY the kind of seemingly....strange behavior that absolutely TURNED ME OFF on these clowns last time. So WHAT do we have here....a solid investment? OR IS THIS SOME KIND OF A CLOWN SHOW with Mr. Swenarchuk leading the way?? I believe the verdict is still out on that point....
Anyone know the percentage of shares held by 'insiders" like Mr. Swenarchuk? It would seem to me that if the head nuts of company X were invested heavily in their own creation that that would bode well for their investors too. SKIN IN THE GAME, is how you'd state that. HOW MUCH "SKIN IN THE GAME" DOES BRAVO MANAGEMENT CURRENTLY HAVE???
Comment by
rgrieve on Sep 23, 2009 2:15pm
Good response!Bob has consistently traded shares now and then in small amounts. The important thing to note is that his position as shown on Sedi has increased from 456,317 shares owned directly at 4/30/08 to 1,579,423 shares at 9/22/09. A sizeable increase that he had to pay for with cash.
Comment by
rgrieve on Sep 23, 2009 2:35pm
The latest company presentation of September, 2009 shows that insiders own 12% if the outstanding shares. This is a sizeable chunk by insiders with skin in the game. That presentation is worth spending a great deal of time reviewing because it is rich with information. It is available on the company wedsite.
Comment by
Surycan on Sep 23, 2009 3:06pm
Bravo is at this weekend at the Toronto Resource Investment Conference - September 26 & 27, 2009 (booth 514).
Jay from Bravo's IR told me that they make a new long section for that conference.
https://www.cambridgehouse.ca/index.php/toronto-resource-investment-conference.html