TSXV:AAA.P - Post by User
Post by
sdomaeon Dec 03, 2013 2:29pm
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Post# 21965026
Insider Buying
Insider Buying
JR, you're right. A bit of out of pocket buying would say something to investors. NO buying speaks volumes, doesn't it. So , out of pocket they've spent less than 20 grand if you don't count Abasov exercising his cheap 15 penny options and laying out 45 grand in the process. He just has to sell before we hit 15 pennies and he has lost nothing. If he sold today he already doubled his money. Pretty good gig eh. These guys won't lose a penny of their own money. That is pretty much guaranteed.
We can dream that they will take a risk like the rest of us but reality is that they will not, especially with another quarterly round of free bonus shares coming down the pipe Jan1. That may end up being followed up with legal action against the company. At least that is what I am hearing from a few people. They will lose any legal fight against the company but what is certain is that the SP would be beaten down even further. Rest assured though it won't be management who will lose out. They never do.