posted on
Dec 17, 2009 12:41PM

TODAY'S DISCOVERY, TOMORROW'S FUTURE
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

Message: ANON
Hi Board..This is bored..!!
I mean Portee..
Anyway..all the big trades could be any number of things..It is fiscal year end and it could be that any number of institutions that hold KXL may be balancing their portfolios..transfers to different accounts ,with in brokerages are still shown as trades and volumes are posted and in that case the brokerage may chose the ANON posting ..or insiders may be tax loss selling..after all ..insiders bought the Private Placement at $4.80...Now if you held a million shares that YOU bought at $4.80 and they fell below .50..would you not sell the million share s off for a tax loss of 4 million three hundred thousand dollars.?????
If you wound;t ..you shouldn't be allowed to even spend your allowance that your handlers give you...Of course you would,,...Because you can carry that tax loss forwards for years...
So I expect the insiders to be selling KXL by the bucket..Does that mean that they are out..Not by a long shot...Man ..they have tons of ten cent options and initial IPO shares that are probably a dime each..or could be...I haven't checked but that gives y'all something to do..Check out what the shares of KXL went for in the IPO..
Anyway WEE is doing nice today..Noone took me up on the off topic board when I was pitching the technology..I picked up a couple of thousand last week and 1500 more yesterday..
Anyway they took off as I predicted..Nice to have at least one winner for Christmas..
Don't sweat the insider selling..They will be back with bells on after the 30 day cooling off period.
Business is business.
They want the tax loss now so they can write off the HUGE capital gain we are going to get on KXL in the new year..Tell 'em....''Uncle Portee" sent ya,...!!
Gotta go and watch my WEE go WEEEEEEE!!!! Ripple time..
Portee
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