Post by
deleuze68 on Jul 25, 2016 4:05pm
Big insider buying today
Insider name: Davey, Matthew Stuart Insider's Relationship to Issuer: 3 - 10% Security Holder of Issuer, 4 - Director of Issuer, 5 - Senior Officer of Issuer Ceased to be Insider: Not applicable Security designation: Common Shares 2869225 2016-07-25 2016-07-25 Direct Ownership : 10 - Acquisition or disposition in the public market +100,000 1.7500 140,697 Insider name: Merkur, James Insider's Relationship to Issuer: 4 - Director of Issuer Ceased to be Insider: Not applicable Security designation: Common Shares 2869197 2016-07-25 2016-07-25 Direct Ownership : 10 - Acquisition or disposition in the public market +10,000 1.7500 60,000
Comment by
88guy88 on Jul 25, 2016 4:12pm
Not really....thats peanuts....more of a hold back the flood gates than any real substantial commitment....I bet Eric has been selling some or all of his position...will find out soon enough
Comment by
maypeters on Jul 25, 2016 4:14pm
considering that Matt bought 700K shares at 2.75 in the deal recently .. anything the insiders are adding more is worth noting .. One of the analysts who commented on the fall said it is way overdone and likely on the news that there may be a bid for WH I added to the position and will add more if it falls further
Comment by
maypeters on Jul 25, 2016 5:46pm
management has skin in the game and sometimes stocks are undervalued and can go down for multiple reasons including speculation on the downside. Its called investing and saying a stock is horrible or bad just because it goes down does not make sense. Markets can be irrational at times and for extended periods of time. GLTA