SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : International Riley Resources (V.IRR)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: StockJock-e who wrote (17)3/25/1997 3:48:00 PM
From: Roger Myers   of 136
 
Hi StockJock-e

Regarding your DD on insider buying in Rileys. I beleive that they issued 2 news releases regarding issuing options totaling 1.8 million to directors. When they are receiving the stock in this manner their is no need to buy it, but you can bet they will account for the high volume that will come in the near future.

Regarding your 10 percent pick-up, I beleive that we should hold onto the stock till the .35-.40 cent range. Remember, the smaller the supply the higher the price.

At these prices, I could not help myself, I had to pick up some more.

Good-luck

Roger
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext