Post by
really_in_to_it on Sep 10, 2015 12:38pm
Insiders
Neumeyer has consistently bought large quantities of FF shares since formed. Others to a less extent.
There has not been a single insider buy for GCU that I can find in more than the last 6 months. Not even when 10 cents a share.
To me this shows just how little confidence the GCU management had in their own company. And yet some here are saying they have been robbed etc... etc...
Truth is this deal gives a second chance to GCU and should be welcomed. Todays price looks like a bargain to me.
Comment by
moneyhungry87 on Sep 10, 2015 3:22pm
neumeyer I think is expecting after these acquisitions that the market will support the shareprice its impressive how he keeps buying the dip hes a man of action and very hands on. he strikes me as the kind of guy who lives and breathes his business a workaholic whos obesessed with creating shareholder value.
Comment by
diabase1 on Sep 12, 2015 1:24pm
I agree!!! The one positive thing that will come when this transaction closes, is that the present management will no longer be in control of the Springpole deposit!!!!!!!
Comment by
really_in_to_it on Sep 10, 2015 10:26pm
Even if they were acquisitions the amounts are tiny. Also around 9 months ago. The price has been as low just before this FF bid and yet no buys. Still not impressed. By contrast Keith Neumeyer has laid out over $110,000 to buy 310,000 shares in Sept. alone.
Comment by
really_in_to_it on Sep 10, 2015 10:31pm
Actually he bought even more. I missed another 50,000 on Sept 1st. This is what I call confidence.
Comment by
Iskyhigh on Sep 10, 2015 10:44pm
Or maybe it's desperation? This could be his big flop.
Comment by
really_in_to_it on Sep 10, 2015 11:24pm
Well we shall just all have to wait and see then.As far as I can see his buys have not influenced the shareprice at all. So why buy so many unless you are confident? Clear where I stand so no more from me on this topic.
Comment by
Iskyhigh on Sep 11, 2015 12:34am
Shareprice speaks volumes. Current price is 40% less than Neumeyer said it is worth. And that's with his injection of confidence. Maybe he actually believes his own hype. The market is not so gullible. Good luck. I'll quit being so obnoxious. 'just venting my frustration with the suspension of the project.
Comment by
oilgashappy on Sep 12, 2015 9:10pm
If I were Neumeyer, I would buy GCU and/or PKL instead. For one, you get more bang for the buck Secondly, you send a message that you are serious and have confidence in the pending merger. Is there a legal reason why he can not buy GCU and PKL share?
Comment by
stitch1956 on Sep 13, 2015 12:20am
I think he knows that FF is his currency--if he buys GCU and the price drops on FF where is the promised upside? FF would quickly lose credibility and it would kill future deals. As long as FF stays up the deals are win/win. Let the price of FF fall and everyone is pissed off. I think these guys know exactly what they are doing and that is what makes me very optomistic about FF.
Comment by
tannin on Sep 13, 2015 6:37pm
Then I have a bridge to sell you, SilverMount. The FF offer is a sad and sorry affair that will not achieve its purpose..and may not even earn FF the outrageous breakfee stipulated.
Comment by
uggg on Sep 13, 2015 11:50pm
coming from a guy whose 10 cent shares almost triple & all he does is cry. Could have sold a bunch at 27 - 28 cents & bought back in but would rather whine about the great injustice. Yah, listen to tannin, he'll set you straight, he knows what's going on.
Comment by
tannin on Sep 14, 2015 1:58pm
Each shareholder must do what they think appropriate. I think it appropriate to fight this sad & sorry offer with everything at my disposal.