RE: RE: RE: RE: Insider trades.... It's good that you asked MacMillan, really interested in what he'll be telling you.
It's definitely strange. But let's see what he tells you Speculating is useless. If you look at the definition of 'Insider', it could as well be someone, we never heard of before:
Definition of "Insider"
Rule 1.1 of the Universal Market Integrity Rules (UMIR) defines the term "insider" as a person who is an insider of an issuer for the purpose of applicable securities legislation. Applicable securities legislation generally defines an insider of an issuer as including a director, senior officer or a person who owns, controls or directs 10 per cent or more of the voting rights in an issuer's securities. For further clarification, reference must be made to the securities legislation of every jurisdiction in which the issuer is a reporting issuer or equivalent. Reference should also be made to CSA Staff Notice 55-308 - Questions on Insider Reporting.
Source: https://www.tmxmoney.com/en/market_activity/itm_important_info.html
Lopez bought about 2Million shares, not many considering his salary. But I trust him, and the other folks involved.
You can't blame many investors though for being extremely hesitant with this company. The sharp decline scared away many and it will surely keep many potential investors from investing in this company.
What we need are a several news releases like the one a few days ago.
I also reduced my position a few weeks ago, but I think with a little patience we will be well rewarded.