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Gold/Mining/Energy : Insiders tradings on canadian stocks

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To: Scott Mc who wrote (181)2/17/1998 12:17:00 PM
From: gilbert leblanc  Read Replies (2) of 2322
 
A other reason to stop my contribution to this thread.

P.S. I think that small investors have a limited impact on the price of a share. Plus, if you buy a the same (or under) price that insiders are buying, I don't have any advantage over you.

What's more, a investor with patience can usually get the price (or near it) obtained by the insiders.

There is other big differences between me and a mutual fund:

- I don't have large position;

- I don't have position on all the stocks that I spoke before on this thread.

- I am usually telling you at which price the insiders are accumulating.

- Time are on your side since it take some time to reap rewards from stocks found with the help of insiders.

Frankly, do you think, that the investors who follow this thread can influence the price of BARRINGTON, or MAGYN.

I can concede that on a stock with a very limited float, like BENVEST, a small investor can push up or down the price. But in this latter case, I advise to be cautious.

What bother me during those days is the bad impact on the financial markets of the big mutual funds.

For example, KCA was dumped two weeks ago at $.50 when the stock was trading during the same day at around $.90.

The kind of manipulation that was done by ALTAMIRA on DORSET is more frequent that may be we can think.

Yours truly

Gilbert Leblanc
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