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Bullboard - Stock Discussion Forum TriOil Resources Ltd TRIAF

GREY:TRIAF - Post Discussion

TriOil Resources Ltd > insiders buying recently
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Post by shambano1 on Dec 16, 2011 10:03am

insiders buying recently

I have seen insiders buys very often with this stock, so when I saw this I found it out of the ordinary.  CEO bought a good chunk, nothing huge but a nice amount.
Dec 15/11
Dec 14/11
Tripp, Russell J.
Direct Ownership
Common Shares Class A
10 - Acquisition in the public market
17,700
$2.43
Comment by coquitlam on Dec 16, 2011 6:31pm
imo it's very good sign that ceo is buying at the market price higher then pp. the usual modus operandi for most companies insiders is just to load up with options and sell at market price. this is one more sign that good thinks are finally coming to suffering tri-oil shareholders in near future.
Comment by cookster9 on Dec 20, 2011 12:15pm
This post has been removed in accordance with Community Policy
Comment by cookster9 on Dec 22, 2011 12:39pm
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Comment by Sonofmshade on Dec 22, 2011 3:37pm
When I see a post like this my first thought is takeover. Then I look at the stock and its down .18 and think sh*t!!!! What do you mean Cookster?
Comment by shambano1 on Dec 23, 2011 11:08am
he means that insiders are getting great deals in the open market and in stock options at very low prices.  Given TOL success with their drilling program and recent drilling success, and very low debt numbers TOL has room to run in 2012.   Their oil focus will continue to provide results and if I'm not mistaken they are still trading a  large discount to NAV of 3,50-4 range, so ...more  
Comment by cookster9 on Dec 23, 2011 11:58am
This post has been removed in accordance with Community Policy
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