TSXV:AUN.H - Post by User
Comment by
Original_Brailaon Jan 11, 2008 8:49am
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Post# 14186427
RE: Going to test .63
RE: Going to test .63Insider activity is very interesting. When insiders sell it is a bad signal, but not very bad since it is often connected with the fact that they are exposed through options anyway and sometimes have to finance them.
When insiders buy (as Aurcana insiders are doing) it is a much stronger signal to me that everything is moving along just fine and that any delays are just that, delays in a business full of delays for hundreds of reasons.
Regarding the large seller from anonymous I simply think that is due to the troublesome US market in general, overexposed funds and hedgefunds and so on. Eventually, maybe already they will be finished and eventually more news will come from the company and suddenly we will se a large jump in the share price I think.
When? Who knows. But as I said, I mostly look at the great opportunity given to me. Time and a megastrong silvermarket will take care of the rest.
Regards