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Gold/Mining/Energy : Chesapeake Gold (CKG.V) -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (532)5/15/2003 12:50:07 AM
From: Elizabeth Andrews  Read Replies (1) | Respond to of 7835
 
Tom, anyone who gets over 5% of a company has special reporting requirements. When you get to 10% you are an insider. You, again, missed the point. How did the PBF get 10%? Did the insiders sell? If not the PBF had to buy almost every share traded in the last six months. Is that a reasonable strategy or possibility to you? I believe that insiders know when the assets of the company they are running are overpriced and they sell. This is market liquidity. It is also the value of knowing what insiders are doing. If they have sold recently, then duh, what is the stock going to do? Go up?