Leaving aside the ups and downs of day traders, does anyone have...

Leaving aside the ups and downs of day traders, does anyone have any thoughts on why interests close to the directors are selling down?

Do they perhaps realise that there is a bit of over-hype going on here and that these prices (higher than any time since the middle of 2002) are too good to resist?

My view is that you can't overlook this company with its large nickel deposit (albeit very low grade and difficult ore) but they have been at it for a couple of decades now and they do need someone to help them solve the technical problems with extracting the nickel from the ore and someone to fund mining operations and someone to fund a plant ... and this means the exisitng shareholders have to expect to be watered down big time...big, big time.

So stick a few in the bottom drawer and come back in 3 years and in the meantime take these unrealistic prices for a big slice of your holding and you will be sweet....

Opti