Post by
eatmorefiber2 on Jan 07, 2021 11:03am
Brimacombe
Alan just picked the short term top again. His sells are timely, if nothing else. We were about to break out of a channel, but his timely trades may have interrupted that. Say what you will about these small trades, but I still think they impact market psychology. He seems to be great at picking tops and bottoms.
Comment by
PACO2 on Jan 07, 2021 3:00pm
He basically has unlimited shares when compared to you and I My tsx info shows 2 transactions for him in the last 6 months. If anyone has additional info. please post. GLTA
Comment by
yakker5 on Jan 07, 2021 3:14pm
Um, do you not know about the "Insiders" button on the top right hand side of this page?
Comment by
GentlemanTrader on Jan 07, 2021 3:56pm
I don't think his buy/sell mean anything as his trades are not significant compared to his current balance He still has 19.7M shares. He sold 50K shares b4 Xmas and bought back 5K b4 new year.
Comment by
GentlemanTrader on Jan 07, 2021 4:06pm
Don't forget something. At current gold price, Cannacord & Eight capital have a target price of $6+ with a potential of $12 within 1 year if a buyout offer comes through. That's all I care lol. A guy like Brimacombe won't be able to sell his 20M shares through the current volume so he's there for the big deal.
Comment by
Nodga2000 on Jan 08, 2021 2:56pm
Agreed that his little trades here and there are nothing to be concerned about. If he was selling chunks of 50k, 100k then I'd be worried, but he's not. I reckon RUP will dip below $5 on current trend, then once again it'll be a lovely buy.