Re: Friday morning thoughts
in response to
by
posted on
Mar 14, 2008 05:01AM
Discuss the various junior resource companies within the McFaulds Lake Area
Morning, AL. Wow, I was quite surprised to see all the postings on the insider trading of FNC. Looks like Miss Kealp & I may have started something on the OT NOT board.
Therefore, I must apologize for helping to create a debate on this. As I mentioned on the OT board, I don't know enough about it to comment any furthur. I shouldn't have commented at all, in that case !
I wasn't going to post this, as it's another GRW rant, but.....
But I will say this. Many posters do not check the SEDAR (do I have that right?) board on a daily basis to check stuff like that. And so, you can get blindsided, when a prez. cashes in on a Thursday/Friday and then on Monday, the stock drops like a rock, after a bad NR comes out in the late morning (yes I'm talking about GRW).
So, my advice, FWIW, is if management cashes out some shares, as you said, check the amount in relation to the holdings, first, before creating any doubt. IN the case of FNC & NOT, there should be no doubt, but GRW.........another story, altogether.
strato