CVN 5.88% 16.0¢ carnarvon energy limited

oil up 10 per cent on nymex, page-12

  1. 1,295 Posts.
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    My concern with the big sells is I fear it may be a certain CEO who has a bad habit every time of late when the SP rises above .30 he unloads a million or so shares (Which he didn't buy) killing positive sentiment and causing investor panic. I believe this has happened twice now in the past 6 months with the same end result, the sp not advancing past the low .30's and heading back to the .20's. I hope I am wrong on this fear, in any case we will find out if there is another significant share holder notice next week. I know many on this thread don't believe a director selling large parcels of shares overly influences the SP, but I believe in this climate, good sentiment should not be able to be crushed by greedy directors IMHO.
 
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