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Bullboard - Stock Discussion Forum AvenEx Energy Corp AVNDF

GREY:AVNDF - Post Discussion

AvenEx Energy Corp > Lots of insider selling the last few days
View:
Post by Al42 on Jan 09, 2012 7:38pm

Lots of insider selling the last few days

https://tmx.quotemedia.com/company.php?qm_symbol=AVF&locale=EN

 

 

Jan 6/12 Jan 5/12 O'Grady, Michelle Direct Ownership Common Shares 10 - Disposition in the public market -24,500 $5.62
Jan 6/12 Jan 5/12 O'Grady, Michelle Direct Ownership Common Shares 10 - Disposition in the public market -6,600 $5.63
Jan 6/12 Jan 5/12 O'Grady, Michelle Direct Ownership Common Shares 10 - Disposition in the public market -1,900 $5.64
Jan 6/12 Jan 5/12 Clarke Inc. Indirect Ownership Common Shares 10 - Disposition in the public market -50,000 $5.65
Jan 6/12 Jan 5/12 Clarke Inc. Indirect Ownership Common Shares 10 - Disposition in the public market -9,600 $5.67
Jan 6/12 Jan 5/12 Clarke Inc. Indirect Ownership Common Shares 10 - Disposition in the public market -200 $5.67
Jan 6/12 Jan 5/12 Clarke Inc. Indirect Ownership Common Shares 10 - Disposition in the public market -8,400 $5.67
Jan 6/12 Jan 5/12 Clarke Inc. Indirect Ownership Common Shares 10 - Disposition in the public market -50,000 $5.67

 

Comment by RainRyder on Jan 10, 2012 1:42am
Michelle O'Grady just took 33,000 options and cashed them in.   https://www.canadianinsider.com/node/7?menu_tickersearch=AVF+%7C+AvenEx+Energy
Comment by phaseshifter on Jan 10, 2012 2:19am
So What ??  How is this material ?
Comment by cosmicman46 on Jan 10, 2012 10:04am
It is not material.Insider buying is a much better guage to stock preformance.. Selling is done for many many reasons. Eg> option has to be excersized and no money to hold the stock                       Kids education             & ...more  
Comment by billfox54 on Jan 11, 2012 1:26pm
Hmm.  74% of cash flow from oil and gas, and 57% of that from natgas, and their awesome hedging program ran out at the end of the year.  I've been long AVF for quite a while, but I now have a small short position.  Good luck.  Billfox
Comment by phaseshifter on Jan 11, 2012 2:27pm
I think you may be better off shorting an overpriced oil / gas stock.  Avenex will have higher oil production which will offset nat gas side. Most if not all their spending is on the oil side. Good luck to you :)
Comment by billfox54 on Jan 11, 2012 2:38pm
Their stated target with oil exploration is to bring their oil/gas ratio to even.  Their Q4 numbers should still look ok; my concern begins with Q1 this year.  Not that I'll be short long.  I don't have the disposition for it.  Good luck.  Billfox