10 cent optionsI don't think insiders will sell this low knowing that they will have good news coming out soon...In fact I don't think they are allowed to sell or buy having inside info coming out soon...
But when it goes higher, they might sell into the open market , and then exercise their option @ 10 cents to stay in the game, and put money in the till...
North American Gem Inc. (NAG) | As of October 22nd, 2009 |
Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
Oct 14/09 | Sep 04/09 | Dickie, Peter | Direct Ownership | Options | 50 - Grant of options | 200,000 | |
Oct 14/09 | Aug 12/09 | Dickie, Peter | Direct Ownership | Options | 00 - Opening Balance-Initial SEDI Report | | |
Oct 07/09 | Sep 04/09 | Lock, Bruce | Direct Ownership | Options | 50 - Grant of options | 100,000 | $0.100 |
Oct 05/09 | Sep 30/09 | Desjardins, Charles | Direct Ownership | Common Shares | 10 - Disposition in the public market | -16,000 | $0.075 |
Oct 05/09 | Sep 30/09 | Desjardins, Charles | Direct Ownership | Common Shares | 10 - Disposition in the public market | -33,000 | $0.080 |
Oct 05/09 | Sep 30/09 | Desjardins, Charles | Direct Ownership | Common Shares | 10 - Disposition in the public market | -1,000 | $0.080 |
Oct 01/09 | Sep 30/09 | Desjardins, Charles | Direct Ownership | Options | 50 - Grant of options | 350,000 | $0.100 |