Roy, Marie-Louis disposed 19,000 shares feb 3,4. That 200k sold on thursday I am not sure about who or why sold. Maybe a penny flipper ? He/she sold 200k at $0.42 just to see one day later MTO hit $0.56. Pretty DUMB decision. Wonder how that person feels right now. Judging from the 900k volume and a strong close at the high of the day we may speculate there will be a gap up on monday and .60 to .70 SP range, then some consolidation and profit taking. This, of course is only speculation and market may decide otherwise. I have a feeling this breakout is the beginning of the bull run so hold on tight to your shares.
Art27
Filing Date |
Transaction Date |
Insider Name |
Ownership Type |
Securities |
Nature of transaction |
# or value acquired or disposed of |
Unit Price |
Feb 05/09 |
Feb 04/09 |
Roy, Marie-Louis |
Direct Ownership |
Common Shares |
10 - Disposition in the public market |
-1,500 |
$0.435 |
Feb 05/09 |
Feb 04/09 |
Roy, Marie-Louis |
Direct Ownership |
Common Shares |
10 - Disposition in the public market |
-8,000 |
$0.430 |
Feb 05/09 |
Feb 04/09 |
Roy, Marie-Louis |
Direct Ownership |
Common Shares |
10 - Disposition in the public market |
-500 |
$0.440 |
Feb 05/09 |
Feb 03/09 |
Roy, Marie-Louis |
Direct Ownership |
Common Shares |
10 - Disposition in the public market |
-9,000 |
$0.415 |