Greystar (GSL.to) up 12% at $2.58. That’s 27% in two trading days and this thing is getting a lot of focus from people now. I’ve had mails from smart people saying the asset is a dog and won’t be a takeover target. I’ve had mails from smart people who just know it’s the next thing to be bought out by a big goldie and are buying accordingly. The only surprise is that these people bother writing. They seem to be under some impression that I know what I’m talking about and worth writing to….buncha weirdos if you ask me. Either that or I’m fazing more people than imagined possible 😉
Dynasty Metals (DMM.to) up 7.8% at $4.44. You gotta know when to hold ’em and know when to fold ’em. This one you hold very very tight and don’t let go. I just love the fact that 99% of the professional analysts and market watchers up North called Ecuador 100% wrong. I love you all, guys. It’s been real. Let’s do it again sometime, yeah?
Coastport Capital (CPP.v) UNCH at $0.04. On the subject of Ecuador, here’s that little pennycrapper that’s in the corner of my screen again. I still don’t own and I still say it’s a high risk play, but take a look at the latest insider trading action.
| Jan 22/09 | Jan 20/09 | Sadler, Laurie Wayne | Direct Ownership | Common Shares | 10 – Acquisition in the public market | 120,000 | $0.040 |
| Jan 22/09 | Jan 19/09 | Sadler, Laurie Wayne | Direct Ownership | Common Shares | 10 – Acquisition in the public market | 120,000 | $0.040 |
| Jan 07/09 | Dec 29/08 | Sadler, Laurie Wayne | Direct Ownership | Common Shares | 10 – Acquisition in the public market | 459,000 | $0.025 |
On the subject of insider trading, let’s redux on Greystar for a second. Have a look at George Milton’s trading action recently and see if you can spot the problem here:
| Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
| Jan 22/09 | Nov 21/08 | Milton, George | Direct Ownership | Common Shares | 10 – Acquisition in the public market | 472,000 | $0.620 |
| Jan 22/09 | Nov 19/08 | Milton, George | Direct Ownership | Common Shares | 10 – Acquisition in the public market | 5,000 | $0.830 |
| Jan 22/09 | Nov 19/08 | Milton, George | Direct Ownership | Common Shares | 10 – Acquisition in the public market | 5,000 | $0.800 |
| Jan 22/09 | Nov 19/08 | Milton, George | Direct Ownership | Common Shares | 10 – Acquisition in the public market | 5,000 | $0.750 |
| Dec 16/08 | Dec 15/08 | Milton, George | Direct Ownership | Common Shares | 10 – Acquisition in the public market | 20,000 | $1.060 |
| Dec 16/08 | Dec 10/08 | Milton, George | Direct Ownership | Common Shares | 10 – Acquisition in the public market | 13,000 | $0.950 |
| Dec 16/08 | Dec 10/08 | Milton, George | Direct Ownership | Common Shares | 10 – Acquisition in the public market | 11,000 | $0.940 |
| Dec 16/08 | Dec 09/08 | Milton, George | Direct Ownership | Common Shares | 10 – Acquisition in the public market | 5,000 | $0.800 |
| Dec 16/08 | Dec 09/08 | Milton, George | Direct Ownership | Common Shares | 10 – Acquisition in the public market | 5,000 | $0.780 |
| Dec 16/08 | Dec 09/08 | Milton, George | Direct Ownership | Common Shares | 10 – Acquisition in the public market | 4,000 | $0.790 |