RE:RE:RE:RE:RE:Insider BuyingTrue but could be a quick flip for him as well. Other investors see that he is purchasing also suggests confidence so others purchase, potentially lots of money coming in. Price is low, it’s a low risk investment for him at these prices. Let’s say in 6 months it is up a dollar, he stands to make a ton of cash if he decides to sell again.
All theoretical, but anything is possible.
You are correct.....insider tips can be a jail sentence. Bad card to play.
It is positive though that he has made 2 large share purchases in a number of days.
Lets hope something is coming down the pipe.
I live just south of Edmonton and I believe the West Edmonton Mall outlet is doing big business. That has to help with some cash flow.
Glta. I hope it’s a strong quarter and these analysts stop pounding still stock with all their negative banter.