another one that looks the real deal..., page-7

  1. 15,276 Posts.
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    This morning we learn the directors bought shares on-market Friday...

    Close to $100k worth @ 12c.

    Perhaps they too believe Pato's are close to done?

    When directors buy a token amount...say $10k worth of shares...they are sending a message to the market they want the stock price to rise.

    However, when directors buy meaningful lots on market...such as notified today...they generally believe the stock is undervalued and want to make money from it.

    Big difference from our point of view.

    No doubt some players tried to use the last of the overhead to set-up a swing trade on Friday...they would have been attracted to the obvious overhead like flies to a steaming pile of you know what...possibly hoping for a cheaper re-load today on the back of a soft DOW.

    I am sure they will give it a decent go today...and I'll take advantage of they do...lol

    Will be harder for them now though...as I believe we saw the short-term window of opportunity shut just a little this morning...

    Perhaps to keep the flies out?

    Cheers!
 
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