Enerdynamic Hybrid Technologies Corp. EDYYF

RE:Insider buying adding up, nearing 12 Million now.

[suomynona]

Averaging down? Greasing the wheels? Make of it what you will... From a 15 May '19 article (https://ca.finance.yahoo.com/news/read-selling-enerdynamic-hybrid-technologies-142959031.html). In the last twelve months, the biggest single purchase by an insider was when Director David Woolford bought CA$180k worth of shares at a price of CA$0.05 per share... That means that an insider was happy to buy shares at above the current price of CA$0.04. It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. David Woolford was the only individual insider to buy shares in the last twelve months. Notably David Woolford was also the biggest seller, having sold CA$101k worth of shares. David Woolford bought 13.1m shares over the last 12 months at an average price of CA$0.038. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!