Would be a big deal to get an up day again today after being so beaten. It just looks like traders have been able to move the price down with little resistance at times.
Just lots of insider buying - you gotta think it will stop and start going up. John Wright has invested nearly $4 million dollars in the last couple of weeks - I just don't see him doing that if things were looking really bad - regardless of what people say about him.
Of course we could run into some bad news if an accident happens, but at these prices, based on what I am hearing - I've got to think that some bigger players would try to accumulate up to 5% of the company as quickly as possible while trying not to move the price up and before they have to report their purchases.
Would love to see this stock climb into the 7's and then see a report on a company or companies reporting that they have bought through the 5% threshold. Hopefully, we'll see an offer on the company next year with debt being paid down and an offer of over $10 per share. If oil prices stay up the next quarter should be good and hopefully we'll see a steady uptrend.
I'll try to accumulate more below 6 - have about doubled my position in the last month and will try to get a little more in December and more in January.
As of 11:59pm ET December 15th, 2013
Filing
Date Transaction
Date Insider Name Ownership
Type Securities Nature of transaction # or value acquired or disposed of Price
Dec 12/13 Dec 12/13 Wright, John David Direct Ownership Common Shares 10 - Acquisition in the public market 509,300 $5.46
Dec 11/13 Dec 11/13 Wilson, W. Brett Indirect Ownership Common Shares 30 - Acquisition under a purchase/ownership plan 66,335 $7.48
Dec 5/13 Dec 5/13 Wright, John David Direct Ownership Common Shares 10 - Acquisition in the public market 130,700 $5.58
Dec 11/13 Dec 4/13 Wilson, W. Brett Indirect Ownership Common Shares 90 - Change in the nature of ownership 400,000
Dec 11/13 Dec 4/13 Wilson, W. Brett Indirect Ownership Common Shares 90 - Change in the nature of ownership -400,000
Dec 2/13 Dec 2/13 Fisher, Lawrence Patrick Joseph Direct Ownership Common Shares 57 - Exercise of rights 4,261 $5.57
Dec 2/13 Dec 2/13 Fisher, Lawrence Patrick Joseph Direct Ownership Rights Incentive 57 - Exercise of rights -4,261 $0.050
Nov 29/13 Nov 29/13 Wright, John David Direct Ownership Common Shares 10 - Acquisition in the public market 40,000 $5.60
Nov 27/13 Nov 27/13 Wright, John David Direct Ownership Common Shares 10 - Acquisition in the public market 20,000 $5.52
Nov 27/13 Nov 26/13 Wright, John David Direct Ownership Common Shares 10 - Acquisition in the public market 20,000 $5.65
Sign up for an account or login above to see all SEDI filings within the past 6 months.
