RE: RE: Canaco on BNN plus Analysts Target Price:The insider actions are quite normal when compared with the 1000s of companies listed on the TSX & Venture. Many of them hit 52 week lows back in October, yet you didn't see insider buying on almost 99% of them. So the concern about insider buying is a little unfair when you compare it back to all those companies that hit 52 week lows back in October, many of them have already recovered without any insider buying.
I give reasons earlier for why there might also not be insider buying, such as blackout period for pending results, possible due diligence being conducted by an acquirer (Daylight energy didn't have any insider buying even though the stock had fallen to the $4.50s range before the buy out), etc.