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Gold/Mining/Energy : Insiders tradings on canadian stocks

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To: Ciao who wrote (1772)8/24/2000 10:09:26 AM
From: M. Merriam  Read Replies (1) of 2322
 
Ciao, Re CTY

I checked again today, and surprise, we have an newly reported insider trading entry: July 5th, O'Brien sells 150,000 in the market at $6.45! Yeah, I'd say that's significant.

Comsat, a major shareholder, sold 1.4 million at $4.50 in the market in Jan. A number of other smaller sells in 2000 at various prices. I didn't notice any buys at all this year.

Based on my quick look yesterday, the fundamentals look attractive but the insider selling makes me cautious.

Mike
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