Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Horizons Australian Dollar Currency ETF T.ASD



TSX:ASD - Post by User

Comment by stocktalk2on Oct 05, 2006 7:45am
170 Views
Post# 11465031

RE: Need comparison: hammer

RE: Need comparison: hammerWhile I appreciate your effort, I think it's important to note that while all company's follow the guidelines of the exchange for these reports, there are grey areas that each group doing the report may differ on regarding technique. The value comparison, as noted, cannot be isolated to base metals. One company NOM is primarily a copper play ( a good one ) and ASD is copper/gold. Each play has great merits, but the most important comparison is not in the ground for these two companies, it's about the people, management. While some on the NOM have a legitimate gripe that their stock is not being promoted enough to the market, they should be greatful that they don't have to contend with ASD's issue, which is a group of opportunists willing to dilute and fill their pockets with as much paper for their own personal gain as possible. While no one should begrudge any good management team being rewarded, the insider selling by Mike Sholz, COB for ASD exemplifies the attitude of self first, and only, in this company. Insider reports show Mike Sholz, director Len De Melt, director Jody Darouche, director Greg Hall etc all selling in the recent rise. The bulk of the selling seems to be in the $1 range. So now you know where all that paper was coming from. The management of ASD thinks it's a good sell at $1. What more is there to say. Only, that they will now abandon the market long enough to come back in at a hefty discount to the market which they created by all their selling and reload.
Bullboard Posts