Clayton Riddell buys 1M shares.I have invested in this company for about 6-8 months, and am down 20%. I was considering selling today to crystallize losses for the year. When I looked at the chart for the company, I figured that there would be big selling because the current price is below what just about everybody paid for the stock in the last 12 months... however... when I see the commitment of Clayton Riddell buying a 1M shares at the current price, it at least makes me stop and think. Of course, he probably has more money available to him than I.... comments?
nsider name:Riddell, Clayton H. Insider's Relationship to Issuer:3 - 10% Security Holder of Issuer, 4 - Director of Issuer Ceased to be Insider:Not applicable Security designation:Common Shares 17490302010-11-302010-12-02Indirect Ownership :
Treherne Resources Ltd.10 - Acquisition or disposition in the public market+755,8003.9095 2,705,637 17490322010-12-022010-12-02Indirect Ownership :
Treherne Resources Ltd.10 - Acquisition or disposition in the public market+244,2003.9497 2,949,837