Gold Canyon Resources Inc V.GCU

Interesting correlation

[barisian]

Not sure if anyone has ever noticed this before, but whenever Sheldon buys shares on the open market, within days of so doing, the share price tends to fall.  So much for "insider information."  Just goes to show we're all succeptible to market forces - even gazzilionaires with massive positions like Mr. Inwentash. 

 

This useless post is brought to you by: Barisian, who also just picked up another 10,000 shares @ 1.50 per share.  DOHHHH!!!!

[Geospot]

No worries, mate. And don't kick yourself. One would assume that Sheldon (who likely has better knowledge of this play than almost anyone else) sees something beyond one seller going haywire in the time horizon of between about 12noon and 3:10pm Toronto time on a particular day. And you got in at about the same price he did.   This worthless post brought to you by somebody who hasn't

[pizzaman98]

Aug 29/12 Aug 28/12 Inwentash, Sheldon Direct Ownership Common Shares 10 - Acquisition in the public market 20,000 $1.55 Aug 29/12 Aug 27/12 Inwentash, Sheldon Direct Ownership Common Shares 10 - Acquisition in the public market 45,000 $1.56 Aug 10/12 Aug 9/12

[20/20/12]

GCU.V 03:59pm EDT 1.36 -0.08 -5.56% 1.33 1.49 vol. today 402,840 20 day average 154,959 FWIW Trades for C:GCU on 20120830 - 232 trades displayed

[20/20/12]

House Positions for C:GCU from 20120830 to 20120830 House Bought $Val Ave Sold $Val Ave Net $Net 79 CIBC 98,900 138,746 1.403 38,800 55,051 1.419 60,100 -83,695 7 TD Sec 50,000 69,023 1.38 7,300 10,712

[pizzaman98]

As of 11:59pm ET September 5th, 2012 Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Price Sep 4/12 Sep 4/12 Hall, Richard James Direct Ownership Common Shares 10 - Acquisition in the public market 10,000 $1.47