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NexGen Financial Corporation V.NFX



TSXV:NFX - Post by User

Comment by megacopperon Feb 06, 2006 12:00am
221 Views
Post# 10317689

insider trading

insider tradingFirst off I like to say I have no clue what is going on with NFX. I only just noticed it recently because of the large volumes and price increase but I thought I would make a general comment on insider trading of junior mining companies. For anyone interested in recent insider trading I recommend www.candianinsider.com see the link I provided below. Its just another tool I use when picking these high risk stocks. Just click on search up top and enter the symbol than click on the name of the company. This is public information that all investors are entitled too under canadian regulations. It can be useful sometimes so take advantage of this free service!!! https://www.canadianinsider.com Don't always assume that because insiders are selling a particular stock that it means bad news. I often see insiders selling stock in these juniors just to raise money to get in on the next private placement so really they are selling to actually get control of more stock. Or they often sell much too early because like you they never thought the stock would take off. Hey the insiders don't always know what the share price is going to do any better than the rest of us. They definitly have an advantage. People sell for all sorts of reasons but they only buy for one, they think the stock is going to go up and they are going to make money. When an insider buys now uaually that means its all good and you got the green light. All of this is all in my humble opinion IMHO!!! Good luck with your investments guys!!!
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