RE:Insider trading from Globe...not uplifting at allYes, it's called "PIGS AT THE TROUGH"
Never a good sign... especially when I see that I own more SU than both of them and my shares were paid full price with all the risks associated.
FYI, I'm divesting from SU and moving into CPG, WCP, and MEG as they have better forward P/E ratios and lower Debt per share than SU
I will also buy CNQ on dips just because they seem to care more for their shareholders.
Good luck to all - still strong O&G and 95% weighted
cttglvr wrote: Suncor Energy Inc. (SU-T)
On May 20, Shelley Powell, senior vice-president – E&P and In Situ, exercised her options, receiving 40,000 shares at a cost per share of $30.21, and sold 40,000 shares at a price per share of $48.9861 with 23,217 shares remaining in this particular account. Net proceeds exceeded $751,000, excluding any associated transaction fees.
On May 17, chief transformation officer Bruno Francoeur exercised his options, receiving 35,000 shares at a cost per share of $30.21, and sold 35,000 shares at a price per share of $48.90, leaving 8,000 shares in this particular account. Net proceeds totaled over $654,000, not including any associated transaction charges.