RE: Stock optionsYou don't spend $137,500. on .50 options if you are an insider and don;t have good reason to believe the value of the option isnt going to go up. This is a positive signal to those who follow insider trades.
Ecometals Limited (EC) | As of February 11th, 2011 |
Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
Feb 11/11 | Feb 09/11 | Morgan, Kenneth | Direct Ownership | Options | 50 - Grant of options | 275,000 | .500 |