Insider Accumulation...er, ah, backing up the truck now

[Depleted]

Sheldon, who else? the TA looks like either a sideways channel, of consolidation for a few more months, or a slow climb from here. The next week will confirm either, IMHO. Here is Sheldons buying spree, not big numbers, which could indicate a longer than expected wait until it runs again...but getting in here on some weakness may be good...
And this, has nothing to do with Fundamentals, this is pure TA and Insider stuff. By the time the fundamentals come out for 2009 Q4, the stock will already have made it's initial move up, from the consolidation channel, I can almost guarantee it.

Pinetree Capital Ltd. (PNP) As of September 22nd, 2009
Filing Date  Trans Date  Insider    Securities  Nature of transaction  # or value acquired or disposed of  Unit Price 
Sep 18/09  Inwentash, Sheldon  Common Shares  10 - Acquisition in the public market  1,000              $1.830 
Sep 18/09  Inwentash, Sheldon  Common Shares  10 - Acquisition in the public market  800                 $1.830 
Sep 18/09  Inwentash, Sheldon  Common Shares  10 - Acquisition in the public market  48,200            $1.843 
Sep 17/09  Inwentash, Sheldon Common Shares  10 - Acquisition in the public market  10,800             $1.863 
Sep 17/09  Inwentash, Sheldon Common Shares  10 - Acquisition in the public market  400                  $1.850 
Sep 17/09  Inwentash, Sheldon  Common Shares  10 - Acquisition in the public market  88,800            $1.848 
Sep 16/09  Inwentash, Sheldon Common Shares  10 - Acquisition in the public market  1,600               $1.927 
Sep 16/09  Inwentash, Sheldon  Common Shares  10 - Acquisition in the public market  98,400            $1.901 
Sep 15/09  Inwentash, Sheldon  Common Shares  10 - Acquisition in the public market  50,000            $1.744 
Sep 14/09  Inwentash, Sheldon  Common Shares  10 - Acquisition in the public market  25,000            $1.680 

I think this just shows Pintree as having a strong base from which to run next time...Cheers...D

[sunseeker]

Love  him or hate him  Sheldon Inwentash is one smart cookie. I saw an interview some time ago with a mining analyst where he said that he was going down into a mine as part of his research and was just about to pickup a mining helmet when a voice from behind said something on the lines of the brown helmets mine. I always have the brown helmet. It was Sheldon Inwentash, and he said that he struck him as a person you wouldn’t want to argue with. Hands on, and a person you wouldn’t want to argue with. That’s my sort of guy. He may well be out for himself but the vehicle that he uses to do it through is PNP. When mining stocks are doing well PNP turns in a better overall performance than just about everybody else, and does it consistently. I will concede that the reverse is also true, but that’s only to be expected with the juniors. It may well be a Dines and Inwentash double act but I know who I’d rather follow. Inwentash will get you out sooner, and you don’t have to pay a subscription. In short PNP is a very good way of getting blanket coverage of the junior mining companies.

We have just come back from a short break. So I am catching up:

Hi pinetree
Rare earths could very easily be the next resource boom. China is has a virtual monopoly on them. They are very important to the electronics industry.

http://buy-high-sell-higher.com/forum/general-discussion/precious-metals-t1018.0.html;msg11566#msg11566

Now apparently Dines is the "Rare Earth Bug" and it sends you to his website which looks suspiciously how the site used to look when he was the original uranium bug

http://buy-high-sell-higher.com/forum/general-discussion/sampling-of-5-year-5-month-uranium-performance-t1022.0.html;msg11711#msg11711

OMG I must be coming down with a serious case of Dines. 

ATB