Comment by
orepass on Oct 14, 2011 7:43pm
Question: Who is the insider? If it is a fund holding more than 10% for example (i.e. insider by virtue of size, not knowledge) insider selling doesn't mean anything... Many of these fund managers don't know what they are doing anyway...orepass
Comment by
Tomwhitford on Oct 14, 2011 7:51pm
Agreed. I still purchased my stock knowing the insider traded because when you compare the insider stock trade to the actual trading on the TSX it some minor profit taking if more insiders were dumping in masse it would have tanked the stock price and would not have closed as well as it did. On monday they are going to have wished they held on.