RE:RE:NGZ INSIDER REPORT NOT A SELL...... A TRANSFER!!$$$$SoapD1sh wrote: Thanks MNB. I have a couple of questions because I'm still pretty new to the insider side. 1) where would they be transferred to? 2) How can you tell from that report that its a transfer? 3) is this considered "volume" that's being traded?
Sorry late reply SoapDish, those insider reports are sometimes difficult to translate.
1. No, disclosure as to who the shares were transferred too
2. You can tell it is a transfer because as stated there is no 'PRICE" in that column, so he did not sell them
3. No, it is not considered volume traded as it will be simply, a change of names. Could be a son or daughter or the cleaning lady lol, but typical if you are possibly coming into money and do not wish to pay a higher tax on that gain....hint hint lol
KK like madjack says KEEP DRILLING BOYS!!
Hang 6