RE:RE:Heading to 0.005 , outlook not good, see linkMIKERRRR wrote: Giuseppe1, seems like you ( and the people who wrote that article ) are being wilfully ignorant about the FULL story behind Golden's "selling" of those shares...
That gesture went towards a private placement raising funds for the Jinxiaoer acquistion ( see NR on Peak website from February 5th )...
Somewhere, there's a more detailed explanantion of how Golden's participation worked, but my point is this was NOT an insider expressing doubt in the business ( as you are suggesting )...
I DO agree that the last couple years have been super DRY in terms of Insider Buying...
I've been given some semi-reasonable justifications for that, but I continue to politely nudge Peak management to back up their confident words with buying...
The investors on the facebook group have been loud about insider buying as anyone. Thank you mike for your service in confronting management about it.