Post by
jermiah777 on Jun 28, 2022 2:38am
Insider's buying
Thought I would check canadianinsider.com to see if any insider's are buying southern energy. Was very encouraged. The latest purchase was only 10 days ago. Will post it below.------------------------Insider Name: Swanberg, Dean Sylvan Ownership Type: Indirect Ownership Securities: Common Shares Nature of Transaction: 10 - Acquisition or disposition in the public market # or value acquired/disposed of: 100,000 Price: $1.13 So Dean Swanberg purchased a hundred thousand shares at 1.13. That's confidence building
Comment by
pecuniam on Jun 28, 2022 1:08pm
Even with insiders buying. If the market says, "meh! :(" then the price will go down. It's frustrating and sad. But, it happens.
Comment by
driller1a on Jun 28, 2022 1:17pm
Oh yeah! I've seen many stocks on the venture exchange with strong consistent revenues, potential and profits trade down to nothing just because there is no market(buyers) on the venture exchange.I had one stock that had only 50 million S/O with $100 mil cash in the bank and growing revenues/profits trade under 5 cents just because nobody was interested in the stock.