Inside Buying ...is it manipulation? Don't get me wrong as I think that insider buying is a strong show of support for a company. The Sedi reports haven't been filed so who knows who made the purchase. At face value it looks as though 47,000 shares were purchased with a cash outlay of $2,350. I guess we will know who is the astute buyer soon enough.
But you have to wonder why any insider of Selectcore would purchase shares now. There hasn't been any insider buying in well over a year. Never by the two principals except to exercise options. Does someone know something or will we see the 47,000 shares dumped in early January for a loss of $235? No idea on my part but I want to see hundreds of thousands of insider buys before I invest any more dollars.
At least we know there won't be any news releases before 2013 because insiders would have been prevented from buying or selling.