By the way, you like to attribute our price pop in June to Penson buying (as I have read on the other board) I say it isn't so as we both know the insider site shows no activity due to the NCIB through Penson.
There last reportings show that the last time they bought was in May 19 and reported June 09.
http://www.canadianinsider.com/coReport/allTransactions.php?ticker=ism
Have any other theories on our pop? Do recall that over 1.5 million shares traded from June 12 on. ......About 4 days.
Jun 09/09 |
May 19/09 |
Inspiration Mining Corporation |
Direct Ownership |
Common Shares |
38 - Redemption, retraction, cancellation, repurchase |
-96,000 |
http://agoracom.com/ir/Inspiration/forums/discussion/topics/351023-mid-month-tally-house-positions/messages/1179311#message
Our mid month tally for July clearly shows Penson as a net buyer, but until we see those trailing filings, we (you) cannot attribute that to the company NCIB either.