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Bullboard - Stock Discussion Forum Timmins Gold Corp T.TMM

"Timmins Gold Corp is engaged in acquiring, exploring, developing and operating mineral resource properties in Mexico. It owns and operates the San Francisco open pit and Ana Paula gold project in Guerrero and the Caballo Blanco gold project in Veracruz."

TSX:TMM - Post Discussion

Timmins Gold Corp > Insider selling sold 64,500 shares yesterday
View:
Post by camcaper1 on Oct 07, 2015 8:45am

Insider selling sold 64,500 shares yesterday

Date Symbol Insider Insider Insider Insider Insider
Buys Sells Sells Buys Sells
Volume Volume Value $ Transaction Transaction
10/06/2015 TMM 0 64,500 24,905.00 0 16

https://www.tmxmoney.com/TMX/HttpController?GetPage=SearchInsiderTrade&Language=en&Submit=Submit&QuerySymbol=tmm&x=24&y=12
Comment by gbenga on Oct 07, 2015 11:11am
Yet another misleading post.  Insiders cannot sell on pending news - they go to jail if they do.  Whoever made the sale did for own personal reason.  Besides, s/he may have sole 64,000 shares out of 870,000 shares s/he owns.  This kind of jaundiced half-truths are fodder for bashers. 
Comment by frankman on Oct 07, 2015 11:33am
Gbenga insiders can sell after the news. News was reported at 10:26 in the morning. That makes it perfectly legal.  
Comment by birdie22 on Oct 07, 2015 11:38am
Will have to wait a day or two to find out who. From Ink Research this morning. Previous Day's Marker Trading (Insiders and Marked Significant Shareholders) Ticker Volume Buy Sell Net TMM 0 -64,500 -64,500 Previous day's marker trades may not be represented on the charts. Before using this data, see last page for details on Marker report
Comment by gbenga on Oct 07, 2015 11:40am
Correct.  Which makes the selling completely meaningless as far as signals etc. are concerned.  My point is some people are posting the sale of a mere 64K shares by ONE person as if it foretells some bad news.  C'mon!!