TSXV:FCO.H - Post by User
Comment by
AyuFanon Jun 28, 2018 12:44pm
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Post# 28245511
RE:Insider Filings
RE:Insider Filingsi would wait for more insiders buy to make a conclusion.
As i recall from one poster, the CEO makes over a million a year, hence $20k is drop in the bucket for him.
two purchases are only $40k... it doesn't mean much to them
while i see this as positive, but i wouldn't double up or triple up based on a value that means very little to the executives.
One other thing we need to remember is that the share price dropped from $1.40 to $1.08 without news... then they come up with news that says they need to delay FS for 3 months.
This outright tells me that they knew about this long ago.. if there's no change in the material report.. that means the FS is already completed (except the roasting detailed method).
Insiders, family, and friends are trading based on the FS
so.. if more insiders buy.. then yes.. it's good news.. if $40k... it's a dent of good news.