Jaguar Mining (JAG) up 8% at U$5.70. I've just taken profits. A big thank you to the person that just bought my shares and I hope you're right and you make a good profit from them. Chez Otto it's that simple equation again; Bear market + trading portfolio + nice ST win = take profits.
Greystar (GSL.to) up 12% at $2.58. That's 27% in two trading days and this thing is getting a lot of focus from people now. I've had mails from smart people saying the asset is a dog and won't be a takeover target. I've had mails from smart people who just know it's the next thing to be bought out by a big goldie and are buying accordingly. The only surprise is that these people bother writing. They seem to be under some impression that I know what I'm talking about and worth writing to....buncha weirdos if you ask me. Either that or I'm fazing more people than imagined possible ;-)
Dynasty Metals (DMM.to) up 7.8% at $4.44. You gotta know when to hold 'em and know when to fold 'em. This one you hold very very tight and don't let go. I just love the fact that 99% of the professional analysts and market watchers up North called Ecuador 100% wrong. I love you all, guys. It's been real. Let's do it again sometime, yeah?
Coastport Capital (CPP.v) UNCH at $0.04. On the subject of Ecuador, here's that little pennycrapper that's in the corner of my screen again. I still don't own and I still say it's a high risk play, but take a look at the latest insider trading action.
Greystar (GSL.to) up 12% at $2.58. That's 27% in two trading days and this thing is getting a lot of focus from people now. I've had mails from smart people saying the asset is a dog and won't be a takeover target. I've had mails from smart people who just know it's the next thing to be bought out by a big goldie and are buying accordingly. The only surprise is that these people bother writing. They seem to be under some impression that I know what I'm talking about and worth writing to....buncha weirdos if you ask me. Either that or I'm fazing more people than imagined possible ;-)
Dynasty Metals (DMM.to) up 7.8% at $4.44. You gotta know when to hold 'em and know when to fold 'em. This one you hold very very tight and don't let go. I just love the fact that 99% of the professional analysts and market watchers up North called Ecuador 100% wrong. I love you all, guys. It's been real. Let's do it again sometime, yeah?
Coastport Capital (CPP.v) UNCH at $0.04. On the subject of Ecuador, here's that little pennycrapper that's in the corner of my screen again. I still don't own and I still say it's a high risk play, but take a look at the latest insider trading action.
| Jan 22/09 | Jan 20/09 | Sadler, Laurie Wayne | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 120,000 | $0.040 |
| Jan 22/09 | Jan 19/09 | Sadler, Laurie Wayne | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 120,000 | $0.040 |
| Jan 07/09 | Dec 29/08 | Sadler, Laurie Wayne | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 459,000 | $0.025 |
Innarestin', no?
On the subject of insider trading, let's redux on Greystar for a second. Have a look at George Milton's trading action recently and see if you can spot the problem here:
| Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
| Jan 22/09 | Nov 21/08 | Milton, George | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 472,000 | $0.620 |
| Jan 22/09 | Nov 19/08 | Milton, George | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 5,000 | $0.830 |
| Jan 22/09 | Nov 19/08 | Milton, George | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 5,000 | $0.800 |
| Jan 22/09 | Nov 19/08 | Milton, George | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 5,000 | $0.750 |
| Dec 16/08 | Dec 15/08 | Milton, George | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 20,000 | $1.060 |
| Dec 16/08 | Dec 10/08 | Milton, George | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 13,000 | $0.950 |
| Dec 16/08 | Dec 10/08 | Milton, George | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 11,000 | $0.940 |
| Dec 16/08 | Dec 09/08 | Milton, George | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 5,000 | $0.800 |
| Dec 16/08 | Dec 09/08 | Milton, George | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 5,000 | $0.780 |
| Dec 16/08 | Dec 09/08 | Milton, George | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 4,000 | $0.790 |
Now for sure Milton has done well on these trades and kudos for him on that. But notice that top trade that was disclosed today where he bought 472,000 shares at $0.62. The transaction date was way before the others below, but this big big block was filed way after the others. Now that's just a little bit naughty, GeorgieBoy. What's the story here?