Posted On: 08/28/2013 9:54:13 PM
Post# of 1145
Re: buccaneer1961 #311
For 6 days in a row websites like TMX & Canada Insider have been reporting insider selling. Check the tab named 'Marker' http://www.canadianinsider.com/node/7?menu_tickersearch=PTK+%7C+POET+Technologies
Hmm funny thing, when I check the Marker tab this morning there were 6 entries, and now only one, but nonetheless these are false positives. People who have been in this stock for quite some time know when Anon pops up on L2 that the likelihood of insider selling increases. In fact there has been quite a debate over it on several forums, and of course there are some stock pariahs prowling message boards who love to exploit situations like that and kept on hammering and dramatizing that insiders were selling, which clearly isn't true. Albeit this is the reason for the minor sell-off we've witnessed the last week or so. I also know that traders can route their trades through Anon fueling the illusion that insiders were selling... and I'm sure some did that on purpose to induce more panic... Their game is exposed now LOL
PS The Marker tab looked like this:
Aug 27 60,000
Aug 26 10,000
Aug 23 10,000
Aug 22 25,000
Aug 21 25,000
Aug 20 25,000
Total : 155,000
Hopefully the smart ones added the panic shares before the 2 milestones are announced this Quarter
Hmm funny thing, when I check the Marker tab this morning there were 6 entries, and now only one, but nonetheless these are false positives. People who have been in this stock for quite some time know when Anon pops up on L2 that the likelihood of insider selling increases. In fact there has been quite a debate over it on several forums, and of course there are some stock pariahs prowling message boards who love to exploit situations like that and kept on hammering and dramatizing that insiders were selling, which clearly isn't true. Albeit this is the reason for the minor sell-off we've witnessed the last week or so. I also know that traders can route their trades through Anon fueling the illusion that insiders were selling... and I'm sure some did that on purpose to induce more panic... Their game is exposed now LOL
PS The Marker tab looked like this:
Aug 27 60,000
Aug 26 10,000
Aug 23 10,000
Aug 22 25,000
Aug 21 25,000
Aug 20 25,000
Total : 155,000
Hopefully the smart ones added the panic shares before the 2 milestones are announced this Quarter
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