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Vero Energy Inc T.VRO



TSX:VRO - Post by User

Comment by bigguy6on Feb 11, 2010 12:09pm
441 Views
Post# 16775530

RE: RE: Insider sale

RE: RE: Insider saleWas also monitoring and wondering about those insidere sales in light of big volume/sp increase today.

Pure speculation, but note insider sales were relatively small % of each holdings...at not a bad price.  So was either a bit of profit taking....OR ...conspiracy theory...was a calculated 'play' intended to get retail investors attention ...so they'd more easily part w/ VRO shares on any increase in price. 

I was well overweight on VRO after recent run-up....and insider sales definitly caught my attention....so even though i think she could easily go to $8+ on any decent news....i elected to take some profits this morning btwn $6.95 and $7.03.  So worked w/ me...and i'm sure w/ many others out there.

Think i'll sit tight w/ rest of VRO at least till 'news' is released.    

GLTA!
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