FLYHT Aerospace Solutions Ltd V.FLY

Insider Buying

[uberlious]

FLYHT Aerospace Solutions Ltd. (CVE:FLY – Get Rating) Director Daniel Kim acquired 15,000 shares of the company’s stock in a transaction dated Friday, September 9th. The stock was acquired at an average cost of C$0.89 per share, with a total value of C$13,300.50. Following the transaction, the director now directly owns 91,500 shares of the company’s stock, valued at C$81,133.05.
Uber

[PeterPiper]

I checked SEDI this morning and Kim had 42,000 as his opening balance. He purchased 34,500 on Sep 8, 15,000 on Sep 9 and 5,000 yesterday. He also has the 120,000 shares as described in the last news item from Flyht: https://flyht.com/investors/news-and-media/view/flyht-engages-corporate-development-resource/ Piper

[PeterPiper]

Kim bought 38,000 more today and its already showing on Sedi. Since an insider has 10 days to report, I guess Bill is telling to do it asap. Makes sense as it is encouraging to see such activity. I wonder hjow many more he is going to buy. BTW, I made a mistake in the last post, it should read that Kim got 120,000 options. Piper

[RayDonovan78]

So most of the volume on the open market last 4 trading days was an insider. Thats great news Peter, I like how you assume what "Bill is telling" him to do.  keep up the good work, Buddy !!!

[PeterPiper]

The Bid and Ask are both at 94 cents and it is 7:52 am. The significance of this is that discount retail traders cannot put orders in before 8 am, so this is the big boys. Now, they could just be playing games and the bid/ask could be different by the time trading starts. Since I am a bit of a Pollyanna (I will not see your derisive comment Ray, since you are permently on ignore), I am thinking

[PeterPiper]

OK, so it was just game playing. Someone bought 500 shares at the open at 92 cents, simply to guarantee that the high for the day will be at least 92. Bid/Ask now  77/84. Piper

[RayDonovan78]

Lol, Peter have your Tea and Crumpet and go for a nap, like your buddy Uber, you have no idea how markets work......It's Nappy time, Buddy !!!!!.

[RayDonovan78]

AKA, The Village Idiot