OTCQX:BGMZF - Post by User
Comment by
halcroon Aug 19, 2015 12:16pm
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Post# 24031811
RE:RE:RE:RE:RE:RE:RE:RE:RE:Insider selling: a new trend
RE:RE:RE:RE:RE:RE:RE:RE:RE:Insider selling: a new trendHmmm. Looks like there might be a bit of insider activity reported on today's TSX.V insider trading report.
Still no sign of that late July and early August insider activity reported by the TSX.V showing up on sedi.
halcro wrote: Can it get any better than this, LOL?
Now at 42 TSX.V trades, with 38 of them having Anonymous on the selling side. Wolverton?? Didn't J Frank use that to trade at one time?
Adding Wolverton (one trade) to Anonymous's 38, that gives 39 trades with selling volume of 188,000 shares out of total volume of 188,800 (99.6 per cent).
Only retail buying seems to be Pershing, with three trades of 500 shares each.
No shortage of sellers on the sell side, but there's an extreme paucity of retail buyers. 1,500 shares out of 188,800 is hardly an expression of investor interest...it's a fookin scary wake-up call to bagholders.
Helloooooooo...Go, BGM, go. How low will it go??
halcro wrote: TSX.V volume is 139,600. Total trades are 31, and Anonymous is on the sell side for 27 trades (139,000 shares, 99.6 per cent).
Looks like the only retail buying is 500 shares by Pershing.
Even the bullboard pumpers ain't buying the bullshot (no matter what they post, it's bullshot, too!!).
halcro wrote: So far, 23 trades, with 22 of them having Anonymous as the seller. The fact that 15 of the trades also have Anonymous as the buyer seems to suggest that the tree is being shaken...but why bother?
It's neither mining nor milling, and that looks likely to be the case for another year, so why not let gravity and boredom take it down to a dime.
Will we see lots of insider selling indicated on the TSX.V insider report today? I'll say, YOU BETCHA!!!
Go, BGM, go!! How low can you go??
halcro wrote: The TSX.V states that a total of 408,500 BGM shares were sold by an insider or insiders since July 21. At a bit better than two bits per share, that's a gross of over $102, 000.
halcro wrote: Even more selling today. A total of 25,500 shares for $6,502.50 (25.5 cents). That's 55.5 % of the selling volume.
Looks like Anonymous to TD. Two trades of 15.5 K and 10 K
Last Updated: August 5, 2015
Top 10 Stocks By Net Sells Volume
Symbol Company Name Insider Buys Volume Insider Sells Volume Net Sells Volume
BGM Barkerville Gold Mines Ltd. 0 25,500 25,500
BGM Barkerville Gold Mines Ltd. 0.00 6,502.50 6,502.50
Total selling volume between July 21, 2015, and August 5, 2015, is 1,144,213. Total Anonymous selling is 455,000 (39.8 %). Total insider Anonymous selling is 408,500(89.8 %).