TSXV:TRL.H - Post by User
Comment by
Shadowfaxon May 09, 2014 4:25pm
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Post# 22545840
RE:The Massive Dumping by Melnyk is definitely a Bad Sign
RE:The Massive Dumping by Melnyk is definitely a Bad SignNot true. He could be selling for any number of reasons. Likely related to some other deal. Last-minute maneuvering to let others in at low prices. There's no way this is a sale due to lack of confidence. My bet is that it is entirely the opposite.
If he was panic-selling, he'd be selling off a heck of a lot more than 2.5 mil shares. Like others have said... he still has 35 mil left with only days to go.
I think things are looking good, despite the current share price.