hyrks, If I remember correctly, there may have been a wee bit monday or tues. I don,t believe there has been any since. So yes,they could very well be in blackout.

I should also mention that sometimes there are mistakes made by the site that reports these inside trades, and they cannot be used as a definite indicator. I would also like to mention that I have seen a couple of times in companies where it will show an inside trade by a director that has been gone from the company for awhile. I believe when a director leaves a company, there is a filing that should/has to be done, if they don,t do this promptly, and they trade the company stock, it will show up as insider trading, whereas in fact, they are no longer insiders and are not privy to inside info. For instance; recently Alan St James and Duncan Bain have resigned, if they have not done the proper paper work, their trades will show up on TMX money, and we will not know what insider made the trade, because the name of the insider is not given on the daily TMX money site, only the amount of shares and dollars, are shown.

The Canadian insider site is behind and you can never get up to the day trades on it. Insiders now have to file any trades within 5 business days( i believe the 5 days is in effect, it used to be longer), so you may be behind up to 7-10 days following that site as well.

This becomes a challenge when trying to figure out if there is a blackout, and IMO is relatively useless because of the things I pointed out above and one more ; an insider could trade shares during the day and at market close, important news could come available to the comopany, and they may want to get it diseminated quickly, so blackout issued pronto, and news delivered.

IMO