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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Wade who wrote (39197)11/12/2012 6:33:44 AM
From: TheSlowLane  Read Replies (2) | Respond to of 48092
 
Article on PZG:

PZG Trading Below CEO's Recent Buy Price

There’s an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on October 23, Paramount Gold & Silver Corp’s CEO, Christopher Crupi, invested $12,500.00 into 5,000 shares of PZG, for a cost per share of $2.50. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money.

...and...

According to the ETF Finder at ETF Channel, PZG makes up 4.28% of the Gold Explorers ETF (AMEX: GLDX)which is trading lower by about 0.3% on the day Wednesday.

forbes.com