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Bullboard - Stock Discussion Forum CE Franklin Ltd CFK

NDAQ:CFK - Post Discussion

CE Franklin Ltd > Insiders buy but?
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Post by wawawa15 on Nov 12, 2006 5:48pm

Insiders buy but?

11-Nov-06 05:06 pm Is a boring stock with spotty volume,hovewer Smith int. purchase in sept.29 a tot. of 67600 shares with an average price of 10.80 this in the open market.Smith (a family business) is the magjor owner of cft therefore the stock is tigtly held,i wonder way they made those purchases in the Can. market rather than the U.S., all the oil services get hammered ,but i'm optimistic and i'm in for the long haul,the last report was a good-one and the forecast match the one of most of the sector. Cheers
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