Insider buying by our new CEO Very encouraging to see our new CEO Steve Parsons buying shares of GXS on the open market -
356,500 shares at 0.125. In fact, Steve was already a shareholder of GXS prior to becoming the new CEO of Goldsource Mines, because he already believed in the upside potential of the Company and the stock.
Filing
Date | Transaction
Date | Insider Name | Ownership
Type | Securities | Nature of transaction | Volume or Value | Price |
| Dec 7/20 | Dec 7/20 | Parsons, Stephen | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 116,500 | $0.125 |
| Dec 7/20 | Dec 4/20 | Parsons, Stephen | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 240,000 | $0.125 |
I believe those who are selling their 0.125 shares to buyers like me and Steve, as well as to others, are going to regret their actions in the coming weeks. I can understand the rationale of tax-loss selling a given stock, due to a bleak outlook for the respective Company or sector, which may in turn continue to negatively impact the underlying stock. But GXS is not one of these stocks.
A significantly higher re-rating for GXS is coming.
GLTA