Insider selling I recently subscribed to Canadisn Insider and came across the following activity:
| Jun 24/14 | Jun 24/14 | Kadatz, Lance Avory | Direct Ownership | Common Shares | 10 - Disposition in the public market | -60,000 | $6.50 |
| Jun 25/14 | Jun 23/14 | Decksheimer, Doug | Indirect Ownership | Common Shares | 10 - Disposition in the public market | -18,000 | $6.74 |
| Jun 25/14 | Jun 23/14 | Decksheimer, Doug | Indirect Ownership | Common Shares | 10 - Disposition in the public market | -18,000 | $6.74 |
| Jun 25/14 | Jun 23/14 | Decksheimer, Doug | Indirect Ownership | Common Shares | 90 - Change in the nature of ownership | 32,591 | |
| Jun 25/14 | Jun 23/14 | Decksheimer, Doug | Indirect Ownership | Common Shares | 90 - Change in the nature of ownership | 32,591 | |
| Jun 25/14 | Jun 23/14 | Decksheimer, Doug | Indirect Ownership | Common Shares | 90 - Change in the nature of ownership | 9,818 | |
| Jun 25/14 | Jun 23/14 | Decksheimer, Doug | Direct Ownership | Common Shares | 90 - Change in the nature of ownership | -74,980 | |
| Jun 23/14 | Jun 20/14 | Kadatz, Lance Avory | Direct Ownership | Common Shares | 10 - Disposition in the public market | -90,000 | $6.50 |
| Jun 23/14 | Jun 20/14 | Coates, Monte Raymond | Direct Ownership | Common Shares | 10 - Disposition in the public market | -20,000 | $6.50 |
| Jun 23/14 | Jun 20/14 | Coates, Monte Raymond | Direct Ownership | Common Shares | 10 - Disposition in the public market | -18,000 | $6.35 |
| Jun 20/14 | Jun 20/14 | Hensman, Stuart Philip | Control or Direction | Common Shares | 10 - Disposition in the public market | -100,000 | $6.50 |
Insiders took advantage of Donvilles last pump it looks like.
I doubt theres a buy out coming with insiders selling like this.
Im not sure how many remaining shares these insiders have but I think that it's safe to say this isn't an encouraging sign.
Im long; however, may sell based on this info.
What are others thoughts on this?