RE: Insider buyingso Gladass, you think the nav is currently around $7 to $8 and that's because of the NOT exposure? You need a mathematics 101?
Pinetree has about 100 mln shares. Latest know NAV end july was close to $5. $7 to $8 means that we added $200 to $300 mln to the market cap just because of NOT? That is about half the market cap of NOT! NOT will add only 30 to 40 cents at best to the market cap of Pinetree, and only if they still own their shares. Still not included is the august decline and we have still not recovered from that one. Oh yes and don't forget the loss because of the margin calls. My guess is a NAV close to $4.