Significant Change of Director's Interest Notice

[mmmmining]

Hi, if there is a thread for this, please merge this post, thanks.

I found significant change of director's interest is a great indicate for share trading, particularly when directors buying with their own money in small companies, in case of the share price is rising. I would say $50,000 minimum are considered as significant.

For example, On Dec 18, MTN's director Dennis Woods paid $196,841.43 at $1.40sh for 136,364 shares, afterwards, share price rose from $1.4 to $3.7

Today Kent Michael Hunter from SIM released a notice. He spent $191,486, bought 351,642 shares, at average price of 54.5c.

The only difference is he bought it when share was pull back. But at least it is not negative. close to $200k is a lot of money, even for a very rich people. If he is going to risk it, I have no problem with that.

Let's spot some more, and make some money..

 

[insider]

Yeah this Thread is a good Idea... well done

 

[greggy]

Hi, if there is a thread for this, please merge this post, thanks.

I found significant change of director's interest is a great indicate for share trading, particularly when directors buying with their own money in small companies, in case of the share price is rising. I would say $50,000 minimum are considered as significant.

For example, On Dec 18, MTN's director Dennis Woods paid $196,841.43 at $1.40sh for 136,364 shares, afterwards, share price rose from $1.4 to $3.7

Today Kent Michael Hunter from SIM released a notice. He spent $191,486, bought 351,642 shares, at average price of 54.5c.

The only difference is he bought it when share was pull back. But at least it is not negative. close to $200k is a lot of money, even for a very rich people. If he is going to risk it, I have no problem with that.

Let's spot some more, and make some money..

Excellent idea mmmmining. A lot of companies have strong runs after Directors' buying. I noticed it most recently with HLX until the correction of course.
DYOR

 

[36590]

Sunland Group. 16.3.2007
Terry Jackman - Non Executive Chairman.
85,000 @ $3.50 - $297,500

Sunland looks like it has taken a breather over the past two months, with the director buying on the way down IMO.

 

[purple]

Great idea mmmmining.

Directors face their cashflow / potential / problems everyday so they're the best people to know potential .

now, if only i have spare cash to scurry behind the directors' footsteps..

 

[mmmmining]

Sunland Group. 16.3.2007
Terry Jackman - Non Executive Chairman.
85,000 @ $3.50 - $297,500

Sunland looks like it has taken a breather over the past two months, with the director buying on the way down IMO.

SDG is a good company with great growth potential. They are building Dubai like crazy. James Packer is on the board with significant shareholding.

The recent price pullback is because of the instos placement at $3.50. I think shareholder can have a piece of cake as well.

I believe it could be another LLC down the road...

 

[petervan]

The insider trader gives aweekly update of directors buying and selling of their company shares. Another usefull tool in deciding which shares to buy.

 

[purple]

The insider trader gives aweekly update of directors buying and selling of their company shares. Another usefull tool in deciding which shares to buy.

You have the link for us, petervan?

(too lazy to go searching for it, if you got it handy)

 

[purple]

SDG is a good company with great growth potential. They are building Dubai like crazy. James Packer is on the board with significant shareholding...

really? i'm in Dubai. should check this out. thanks for the tip.

 

[petervan]

http://www.theinsidetrader.com.au/

Purple this is the site. You can get 1 month free.

 

[purple]

http://www.theinsidetrader.com.au/

Purple this is the site. You can get 1 month free.

thanks petervan

 

[mmmmining]

http://www.theinsidetrader.com.au/

Purple this is the site. You can get 1 month free.

I would not pay a dime for public available info. But I might take a look for free trial. Anyway, $69 per month is absurd.

 

[petervan]

I got 2 years for $495.00 which I'm not complaining about.

 

[salpal]

GSE directory buying 500,000 shares at 0.11c = 55,000 wouldn't be considered a great change would it??

 

[hangseng]

GSE directory buying 500,000 shares at 0.11c = 55,000 wouldn't be considered a great change would it??

But add that to the two other recent announcements and it starts to look better, perceval also purchased another 500,000 last week along with another director Landerer who purchased just 1,000,000 at .105

All on market purchases adding to existing holdings, straight after an exploration update. They seem to be positive.

http://www.asx.com.au/asx/statistic...rchByCode&releasedDuringCode=W&issuerCode=GSE

 

[mmmmining]

But add that to the two other recent announcements and it starts to look better, perceval also purchased another 500,000 last week along with another director Landerer who purchased just 1,000,000 at .105

All on market purchases adding to existing holdings, straight after an exploration update. They seem to be positive.

http://www.asx.com.au/asx/statistic...rchByCode&releasedDuringCode=W&issuerCode=GSE

I am telling you, I did read the ann briefly, and did not follow up. It has a excellent run today. What I learn here is:

1. We have to act on the information as quick as possible. A weekly newsletter could cut you out off profit.

2. It is just one indicator, should be put into context of your overall research and trading strategy.

3. Be aware the reputation of the company and the directors involved. It might be a trap, or poor judgment.

 

[Out Too Soon]

I am telling you, I did read the ann briefly, and did not follow up. It has a excellent run today. What I learn here is:

1. We have to act on the information as quick as possible. A weekly newsletter could cut you out off profit.

2. It is just one indicator, should be put into context of your overall research and trading strategy.

3. Be aware the reputation of the company and the directors involved. It might be a trap, or poor judgment.

Excellent thread MMMining, BSG rebounded recently when a director bought nearly $1M worth @ $2.60. Sometimes directors are wrong but mostly they're right, that's why they're directors on megabucks (of course there's no insider trading involved. HAHAHAH!!!)

 

[Garpal Gumnut]

Excellent idea MMMining.

I haven't done it for a while , but trawling through ASX announcements often picks up a few gems. Its free and a good treatment for insomnia.

Rx..Take 150 pdf's at night with a glass of warm milk.

Garpal

 

[mmmmining]

Excellent idea MMMining.

I haven't done it for a while , but trawling through ASX announcements often picks up a few gems. Its free and a good treatment for insomnia.

Rx..Take 150 pdf's at night with a glass of warm milk.

Garpal

I guess you have daily job. The most profitable way is to check and act on it immediately after release. Usually, the price action is very strong after the ann. Of course, if you are investor for long term, it is not a big deal. More time with give you more thought, might save or make you more money in the long run.

 

[bigt]

XST (X State) are currently drilling out a breccia pipe system in arizona - historically the highest grade uranium in the US in this area. Director bought $500 000 (half a mill) worth of shares recently...now that's a significant chunk! I just dipped my pinky in at 44, seems to be good support here...results are not far off.