Nothing to add to the JMED comment but I haven't learned how to just post a general message, so I just reply to the last message.
On Mondays, the San Jose Mercury News runs an Insider Trading chart in their Business section. On July 7th, their was some information regarding CRNR. It is obviously too late to use this information to get out of CRNR, but I thought some of you might find it interesting.
On May 9th, Stephen Sheafor (Officer and Director) sold 30,000 shares at $8.00.
On May 12th, Kenneth Westrick (Vice President) sold 11,000 shares at $8.50 - $8.81.
Throughout the month of May, George Yule (Officer) sold 6,500 shares at $8.00 - $8.25.
Rather good timing on all of their parts. Particular suspicious to me is that because of CRNR thin daily volume, it is probably not easy to unload 30,000 or 11,000 shares all in one day. I would certainly hope that these shares were not bought by CRNR as part of their share buyback program!
Ron |
