Insider Activity In the last three weeks insiders have bought 215.000 shares in the open market at prices ranging from $1.99-$2.22.They've sold none. And we're sitting at $1.64?
Should we laugh or cry?
In either event, anyone buying at these levels will have the last laugh. Gold is inevitably assaulted on options expiry day (although the decline today is feeble), and the hedge funds take advantage of the negative sentiment by shorting the mining stocks hard. Same old. Same old.
Recent Insider transactions for GCU:
|
As of 11:59pm ET March 21st, 2012 |
Filing
Date |
Transaction
Date |
Insider Name |
Ownership
Type |
Securities |
Nature of transaction |
# or value acquired or disposed of |
Unit
Price |
| Mar 14/12 |
Mar 13/12 |
Inwentash, Sheldon |
Direct Ownership |
Common Shares |
10 - Acquisition in the public market |
40,000 |
$2.00 |
| Mar 2/12 |
Mar 1/12 |
Inwentash, Sheldon |
Direct Ownership |
Common Shares |
10 - Acquisition in the public market |
25,000 |
$2.22 |
| Mar 1/12 |
Feb 29/12 |
Inwentash, Sheldon |
Direct Ownership |
Common Shares |
10 - Acquisition in the public market |
25,000 |
$2.05 |
| Feb 29/12 |
Feb 29/12 |
Pinette, Conrad Alfred |
Direct Ownership |
Common Shares |
10 - Acquisition in the public market |
4,800 |
$2.04 |
| Feb 29/12 |
Feb 29/12 |
Pinette, Conrad Alfred |
Direct Ownership |
Common Shares |
10 - Acquisition in the public market |
3,800 |
$2.03 |
| Feb 29/12 |
Feb 29/12 |
Pinette, Conrad Alfred |
Direct Ownership |
Common Shares |
10 - Acquisition in the public market |
13,300 |
$2.00 |
| Feb 29/12 |
Feb 29/12 |
Pinette, Conrad Alfred |
Direct Ownership |
Common Shares |
10 - Acquisition in the public market |
3,100 |
$1.99 |
| Feb 29/12 |
Feb 28/12 |
Pinette, Conrad Alfred |
Direct Ownership |
Common Shares |
10 - Acquisition in the public market |
20,000 |
$2.10 |
| Feb 29/12 |
Feb 28/12 |
Pinette, Conrad Alfred |
Direct Ownership |
Common Shares |
10 - Acquisition in the public market |
5,000 |
$2.12 |
| Feb 29/12 |
Feb 28/12 |
Inwentash, Sheldon |
Direct Ownership |
Common Shares |
10 - Acquisition in the public market |
75,000 |
$2.08 |
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