RE: Lots of new insider activity...There is only one insider sell there, which I see as inconsequential - 10k shares @.12 =$1200.
Otherwise they are loading up...
Now that they have announced more options today, we will likely see the effort to control the price come to a close.
My opinion is we will see a reversal of National, and to a smaller extent Scotia's, efforts to control the price to the downside.
They will need to continue to do this today as it is the day of the announcement, but I think it is likely by Friday, or early next week that we will see this selling turn into buying. Someone who is more familiar with market regulations might know better, but imo we are very near the end of the price-control driven selling.
This "reversal" may well be preceded by important news releases we have been waiting for, but likely they will start to buy up any cheaper shares offered before the super-major news announcement(s) we are all expecting are released..
imo, glta