Thursday, March 3, 2011

Dorato Resources (DRI.v): Strange how the President and CEO of the company was so keen on selling his own shares to the market recently, isn't it?

Hey Keith, dump 'em at $1.50 and watch the stock dive afterwards as reality sets in why don't you?

Dorato Resources Inc. (DRI)

As of March 2nd, 2011
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Feb 09/11 Jan 06/11 Henderson, Keith J. Direct Ownership Common Shares 10 - Disposition in the public market -3,000 $1.490
Feb 09/11 Jan 05/11 Henderson, Keith J. Direct Ownership Common Shares 10 - Disposition in the public market -10,000 $1.430
Feb 09/11 Jan 05/11 Henderson, Keith J. Direct Ownership Common Shares 10 - Disposition in the public market -13,000 $1.500
Feb 09/11 Dec 29/10 Henderson, Keith J. Direct Ownership Common Shares 10 - Disposition in the public market -18,200 $1.500
Feb 09/11 Dec 30/10 Henderson, Keith J. Direct Ownership Common Shares 10 - Disposition in the public market -24,300 $1.500
Feb 09/11 Dec 30/10 Henderson, Keith J. Direct Ownership Common Shares 10 - Disposition in the public market -6,500 $1.520
Feb 09/11 Dec 31/10 Henderson, Keith J. Direct Ownership Common Shares 10 - Disposition in the public market -1,000 $1.540

So to recap that's 75,000 shares sold around the $1.50 level that brought in gross proceeds of $112,500. Not only that but all of the sales were late filed too so as not to tip off the poor retail saps he was dumping on (many of whom live in Germany and have been raped once agian by the scumbag pushers like  boersenbrieflemming). So let's see how DRI shares have done since the President and CEO of DRI Keith Henderson dumped his stock and didn't tell the market?

 
Hmmm....44.6% down since he started selling his own shares.....I've seen better, gotta be said.

Hey. I wonder if Henderson and his cohorts have any more late file sales to declare to the market still? Certainly part of the company's M.O. (and they wonder why i insist on telling people to avoid Cardero Group companies like the plague?). Hey again!, Perhaps Mr. Henderson had advanced warning about the documentary that's getting aired on CBC tonight? Inquiring minds.....