Welcome, Guest. Please login or register.
February 08, 2012, 02:23:14 PM
Go To Buy-High-Sell-Higher.com Home Help Search Calendar Login Register
News: Most recent blog posts from JDH:
+  Buy High Sell Higher Forum
|-+  Gold and Silver Stocks
| |-+  Gold and Silver Stocks to Buy
| | |-+  GEA...Gold Eagle Mines....Significant insider Buying recently...Gold is Good
« previous next »
Pages: [1] Print
Author Topic: GEA...Gold Eagle Mines....Significant insider Buying recently...Gold is Good  (Read 437 times)
Depleted
Guest
« on: December 16, 2007, 11:58:16 PM »

From www.canadianinsider.com...
Gold Eagle Mines Ltd. (GEA) As of December 15th, 2007

Filing Date  Transaction Date  Insider Name  Ownership Type  Securities  Nature of transaction  # or value acquired or disposed of  Unit Price 

Dec 13/07  Dec 10/07  Cudney, Robert Douglas  Control or Direction  Common Shares  10 - Acquisition in the public market  5,000  $8.000 
Dec 13/07  Dec 04/07  Cudney, Robert Douglas  Control or Direction  Common Shares  10 - Acquisition in the public market  5,000  $7.290 
Nov 30/07  Nov 28/07  Cudney, Robert Douglas  Control or Direction  Common Shares  10 - Acquisition in the public market  18,100  $7.490 
Nov 29/07  Nov 26/07  Cudney, Robert Douglas  Control or Direction  Common Shares  10 - Acquisition in the public market  10,000  $7.880 
Nov 29/07  Nov 23/07  Cudney, Robert Douglas  Control or Direction  Common Shares  10 - Acquisition in the public market  10,000  $7.910 
Nov 29/07  Nov 23/07  Cudney, Robert Douglas  Direct Ownership  Common Shares  10 - Acquisition in the public market  10,000  $7.930 
Nov 13/07  Nov 08/07  Cudney, Robert Douglas  Control or Direction  Common Shares  10 - Acquisition in the public market  10,000  $7.750 
Nov 13/07  Oct 25/07  Cudney, Robert Douglas  Direct Ownership  Common Shares  47 - Disposition by gift  -7,300  $6.860


Mr.Robert Cudney spent $526,719.00 to buy 68,100 shares for avg $7.73/share.
I would like to think this is significant, your comments please...
Thanks...D Smiley
Logged
john77
Hero Member
*****
Posts: 502


View Profile
« Reply #1 on: December 17, 2007, 01:43:32 AM »

Depleted,

That looks like great insider buying. Looking at the chart (though it trades less than 500 000 a day) looks like that insider is betting on a break above resistance around 8.60. If I had some cash I might take a position, or you could:

1) wait for the breakout above the resistance
2) buy at the bottom of a the Darvas box or trading range and set a stopjust below the box

Logged
john77
Hero Member
*****
Posts: 502


View Profile
« Reply #2 on: December 17, 2007, 02:34:04 AM »

Sheldon Inwentash also picked up 60 000 shares on Thursday and Friday, in the public market.

Logged
Pages: [1] Print 
« previous next »
Jump to:  


Login with username, password and session length


Powered by MySQL Powered by PHP Powered by SMF 1.1.15 | SMF © 2011, Simple Machines Valid XHTML 1.0! Valid CSS!