Post by
schnauser on Nov 01, 2014 5:49pm
Wayned
You've held shares in FCV for 5 years? 2 years ago they were just a junior silver explore co. Why did you buy then? Why did you hold thru a total change in business? are you happier having exposure to phosphate than silver? kind of different investments don't you think?
don't get me wrong, at this point you should definitely hold on. this is a great low risk/high reward opportunity, but probably not from the position you bought the silver co. at 5 years ago.
Comment by
wayned on Nov 08, 2014 12:58pm
Insiders buying nearly every day now . In fact most of the shares for sale are being bought by insiders . That must mean something .
Comment by
Stock1998 on Nov 08, 2014 4:25pm
"Nejat Seyhun, a renowned professor and researcher in the field of insider trading at the University of Michigan found that when executives bought shares in their own companies, the stock tended to outperform the total market by 8.9% over the next 12 months. Conversely when they sold shares, the stock underperformed the market by 5.4%. "
Comment by
wannabeinvestor on Nov 10, 2014 5:05pm
well, I own FCV to generate returns of 89% in excess of the total market. given that these insiders keep buying, I may utlimately get there.
Comment by
wayned on Nov 16, 2014 2:48pm
I know I`m starting to sound like a broken record but Ridgeway was buying again . I just don`t see what the point would be if they weren`t expecting a good return . I need a very good return to get even .
Comment by
Stock1998 on Nov 16, 2014 6:12pm
“Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.” – Peter Lynch
Comment by
Stock1998 on Nov 18, 2014 8:53pm
It seems that insiders purchased all shares on Monday. Of the 90K shares traded, T. Osler bought 80K, and the remaining 10k was bought by another anonymous trader. Based on previous transaction records, an anonymous trader is highly likely an insider.
Comment by
salzach on Nov 19, 2014 10:23am
Insiders have a lot of skin in this game. Would like to know who is the anonymous seller. They seem to have unlimited supply of 20 cent stock. Whenever they see a 20 c bid they hit it. Regards
Comment by
wannabeinvestor on Nov 19, 2014 5:36pm
The insiders know they have a vast, high-grade near surface asset which will be pocked up by a major soon.