RE:RE:Insider selling by AllenWaiting, I normally get unnerved and a bit choked (sometimes bitter and even twisted) at insider selling. In this case, the question is whether Rootenberg is in the loop. I understand that he is not and is not material (he will also run out of stock to sell with his puny postion). I have to take their word for it and he if he isn't he should be cut out of the information flow (he probably asked and confirmed he is not subject to a blackout period at this time). In this instance the big players and majority of loyal shareholders are holding for the seismic confirmation followed by a drill schedule (hopefully on a priority basis). Also there is a bigger promotional picture focused on AIM. Management is confident there is/will be a drill target but that comment is not subject to a press release (that and a buck and a quarter will get you of cup of coffee).
We are currently on Tullow seismic review schedule followed by drilling decisions and then Eco must wait for Total review and participation decision making schedule. The market is firming up nicely. Hurry up and wait.