OTCPK:INPCF - Post by User
Comment by
WheresMeGoldon Feb 23, 2018 12:38pm
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Post# 27610064
RE:RE:Gorden Nystuen sold 4,900 shares
RE:RE:Gorden Nystuen sold 4,900 sharesI agree. But it gives me some pause when both he and Brad have sold almost 300K shares since December. I believe it was last April when they, along with the CEO, bought a sizable number of shares at C$1.80. Why buy all those shares only to sell them at a loss months later? There are several reasons I can think of, with some of the possible reasons being harmless but others more worrisome.
In general I don’t like it when top management try to convince others to buy their company’s stock while they’re selling it. I’m still a believer in INP’s business model but I will never become a bigger believer than it’s managers and employees. I’ll bail before I let that happens.