RE:Insider sales update today, and for the weekPersonally, I'm waiting to see if the other insiders who bought the recent placement sell.
The irony is that if they bought the issue and sold it at .70, they're still ahead if they contributed the stock to their RRSP's before selling it.
They lose 10 cents on the stock, but they save 21 cents a share in taxes even if their marginal tax rate is only 30%.