Post by
Xiawen13 on Apr 02, 2016 9:28am
Insider sale: the answer
The 3,7 MIL "insider selling" is nothing else than Anon, a large investor not a insider with crucial information.
Under canadian security laws: In addition, generally anybody or organization that owns or has claims on 10% or more of a company's equity is also an insider and must file insider trading reports - See more at: https://m.canadianinsider.com/faq#sthash.njYXrPXj.dpuf
Comment by
specul8tor on Apr 02, 2016 10:39am
I agree...and would add that imo the weird trading patterns,cross trades,etc of the last several weeks are leading up to a prearranged end game.I dont know what it will turn out to be,but we will all know soon enough.The good news is despite the heavy distribution of shares we are at least holding above .075.Next week should be quite telling...
Comment by
bigdeal on Apr 02, 2016 10:40am
-do not be swayed by insider sales. There are many reasons for an insider to sell (to diversify its portfolio, to pay taxes, to buy a cottage, etc.) but only one reason they buy: get rich!
Comment by
redatnight on Apr 02, 2016 11:28am
Fellow investors...be prepared for a huge jump in share price over the next month...the selling has dried up...there are lots of interest in this stock price being so cheap... insiders, retailers, institutions, are going to buy this PUP up like it is going out of style! It is ridiculously cheap...I am holding on to my 445,000 until at least five bucks.gltal red