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Gold/Mining/Energy : Kalahari Resources Makes Major Move Upwords
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To: VAUGHN who wrote (68)9/6/1997 1:57:00 AM
From: Blue   of 349
 
Vaughn, I decided to get a free trial on Stockwatch and am in the midst of checking a few things. Looking at the insider trading patterns here is not a pretty sight. I don't mean that even figuratively, I mean literally. The messiness of all the buying and selling indicates a generally messy mindset. Nuff said.

"This insider has 557 trade records. This is too many to display in a table - your pc may freeze up. Here are the last
300 of them: "

Particularly painful to see is the fact that one insider sold shares at prices between .90 and 1.47 quite some time ago, holding fewer and fewer until he was actually OPENLY short the stock. I guess you need only exercise some options in order to buy back the stock to cover the short. I know these kinds of games get played but to do it publicly like this, well, it's just an embarassment isn't it.

We won't know until later if the pattern suddenly changed this week and they began loading up, but I would guess yes. I guess they finally got some faith in their own company.

As for trading patterns Fri. there wasn't anything easily discernible. 551 trades on Friday, tops on the month. A lot of trades of 5,000 & 6,000, so...nothing easily tracked. Wonder if Bishop is yapping?
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