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Gastem Inc GTMIF

Energy Oil & Gas E&P
Gastem Inc is a Quebec-based oil and gas exploration and development company. Its main focus is to develop commercial production of the Utica Shale formations in Quebec and New York State as well as exploring the world-class potential conventional structures of the Magdalen Islands and the Magdalen Basin in Quebec. The company's operations include Yamaska Property, St Jean Block, Joly Property, US Appalachia, and the Gulf of St Lawrence.


GREY:GTMIF - Post by User

Gastem Inc
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Comment by foshizzleon Jun 12, 2008 11:42pm
296 Views
Post# 15180743

RE: insider selling....again

RE: insider selling....againone more today sold half his at 3.08

If you're referring to Lemoine, he sold 50K shares for a profit of roughly 125K. Those are the only shares he has sold period. He rode the price down from over 4.00 and maybe he was worried just like us. 

There's no guarantee that this company is going to be a success. I don't begrudge the guy making a little guaranteed cash while can.

He still has about 460 thousand options.  If he started to excerise those and sell I would worry.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities