I am reviewing this stock (TSX-SC) today as I’ve not examined it since January 2009 and the 2008 calendar year-end annual declaration came in later. I purchased this stock for my new Tax Free Savings Account (TFSA) in January 2009. To time, including dividends, I have made some 24% come back.
I find that the amount of Insider Selling is a concern. This selling is by the CFO and other Officers. The CEO does not appear to be selling, but he has few shares. The Directors, who own a more considerable amount of stocks, do not look like selling either.
A lot of the offering is of options. Insiders seem to own an awful lot of options and few levels of shares. There is absolutely no Insider Buying in any way. Season 15 Mil over the past. I know of investors who would make investments in any business with insider offering never. I recognize that you understand insiders feel confident in a stock these are buying and you never know why people are available. People sell stocks for a whole great deal of reasons that can be unconnected to the stock.
- RBI’s Role in Economy
- Guide to Insurance
- As a active executive, I appeared for an extended established track record
- Patrick Dorsey, CFA, Director of Equity Research, Morningstar, Inc
They could just need the amount of money. However, with this stock, you have to wonder if the insiders have any self-confidence in the foreseeable future of the company when they … Read more