RE: RE: RE: RE: RE: In addition...addendum Thanks for the 'materialsgirl' recommendation...I'll have to check out her posts.
Curious, isn't it, that the insider we were discussing (Gordon Keep) recently declared insider transactions in both of the companies we were referencing (PCT, CCY):
On Dec 13th buying (buying!?!) 188,000 shares of PCT [8% of his direct ownership holdings] @ $0.005
On Dec 24th selling 200,000 shares of CCY [16.7% of his holdings under control or direction] @ $0.055
Neither transaction were of the 'Big Bet' variety (PCT costing him $940, CCY yielding him $11,000), just adjusting his positions. Nevertheless, for Keep to be buying PCT and selling CCY would seem to me to be counter-intuitive.
Of course, Mr. Keep has been busy over the past month or so by adjusting his positions in a couple of other companies I follow:
the subject of this board, CNP (on Dec 14th, having another 150,000 options granted to his direct and 'under control or direction' holdings), and
FEO (on Nov 29th, buying 100,000 shares for direct ownership [which is only 5.0% of his holdings of 2m+ shares] @ $0.145-0.15)...a company in which he has a sizeable position.
And, given the fact that Mr. Keep has his fingers in many junior resource pies, I'm sure there were many more insider transactions in other of his holdings that I don't follow.
Seems that t'is not just the season of holiday cheer and tax loss selling...t'is also the season to pick up cheap shares or options for the insiders.
Let's hope that 2013 brings some of these long-awaited prospects to fruition. Cheers!