Hut P.P.I`m a novice here. I decided to get in under the impression that if the stock was trading under $3.00 only a few weeks ago and some American investors are willing to invest over 70 million dollars, and buying p.p. shares at $5.00.....you would think they know the stock will not be back at under $3.00 soon in the near future? Plus the warrants will be at $6.25 ? I`m guessing they are aware of some good news or results coming down the pipe? Otherwise why would they not just load at when the stock was at under $3.00?
Why would insiders sell their shares at $6.50 for example and then reinvest in a $5.00 P.P. if they are selling on hype? You would think they would pocket the profits instead? Any opinions?
IMHO