Pine Cliff Energy Ltd T.PNE

Disbrow, the CEO, constantly manipulates the share price

[cdnpatriotman]

look at the insider activity, you ll see that Disbrow acts as a daytrader trying to make few cents out of each of his trades on an almost daily basis. Without him gaming the SP, the stock would be much higher. To me, this looks like as total manipulation of the SP by mgt. .

[cuzzman]

If what you say is true,then what avantage would management gain on supressing the sp? you have my interest..

[RightAgain]

Disbrow is the market maker for Pine Cliff Energy .  Without Disbrow there would be very little activity on this junior train wreck . 

[cdnpatriotman]

agreed. he is the market maker. But this is not normal. The SP should be decided by the market, not by one insider alone. His regular, almost daily, transactions alone are disproportionate versus the whole market for this company. You certainly cant say this is normal CEO behavior. 

[jjgrey]

Disbrow is not the CEO. He also is not an executive or employee of PNE. Nor does he sit on the BOD. He is deemed to be an insider due to the fact that he owns more than 44,000,000 shares which is well over 10% of the company.

[cdnpatriotman]

my mistake. Disbrow is a only a very influential insider, almost more important for this company than the CEO. He saved the company as someone said at one point by lending money at a time when no institutions would have. However, what kind of game he is playing right now by holding back the share price? Does nt he believe the SP has the potential to go higher? does he know something about an

[RightAgain]

And .... with a mid 6 figure salary the CEO should be buying everyday !  He is not !  In fact there is minimal insider buying .  Explain that 

[Skylar1]

WrongAgain, Disbrow is not the CEO Phil Hodge is.. Disbrow is an investor with a lot of money. 

[cdnpatriotman]

look at previous posts. I admitted making a mistake on Disbrow. But Disbrow still disturb the trading on PNE by bening a major seller in the last month. I suspect he knows something about an upcoming financing. 

[cdnpatriotman]

at this time of high nat gas prices, nat gas companies draw lots of buying interest but for PNE, the CEO constantly pushes the price down by selling shares he bought just few pennies lower. What is he looking for?? why not let the SP fly like it should? l call it plain manipulation.  in last few days, he sold over 600K shares to make sure the price would not go over 0.37. You can check here:&