Front running - Criminal
posted on
Jan 11, 2012 09:32AM
It is abundantly apparent that information was known and traded on prior to a release. 1.5 million shares traded in the days leading up to the release and no measure of explanation can justify. Blatant trading on insider information. Has nothing to do with the strength of the company or anything else. Select individuals were able to sell prior to a market release of bad (depending on your interpretation) news.
It is sad that what looks like a good property is surrounded by this activity and I would hope that Canadian shareholders would be quick to report as everyone involved with the exclusion of a select few were taken advantage of.