GREY:LGLTF - Post by User
Comment by
jumpth3sharkon Dec 13, 2014 12:31am
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Post# 23226894
RE:RE:Spinning our wheels
RE:RE:Spinning our wheels
Fabrice doesn’t work for free either, and in my opinion won’t write up Loyalist unless he gets greased in another round of financing. Let’s not kid ourselves here.
I agree with HippygirL74 that LOY just needs to keep doing what its doing, and the fundamentals will continue to speak for themselves. Loyalist doesn’t need any promotion and its business model doesn’t merit it.
According to a recent article on Seeking Alpha, there has been 2,226,200 insider shares purchased since September. So there may have been a little insider selling recently, but the key term here is “little”, and the buying just absolutely trumps the selling. Maybe it was for a little extra Christmas money, or medical bills, or for a large capital expenditure, who really knows, but it doesn’t dissuade me.