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Re: Nightdaytrader post# 158047

Tuesday, 04/14/2009 9:09:54 PM

Tuesday, April 14, 2009 9:09:54 PM

Post# of 361643
Nightrader,
good post...however 2500 shares of stock sold by an insider, as you know very well, is an insignificant amount...I am coughing because of the smoke screen I perceive maybe involved in that act. WELL, if he is selling and he is an insider....hmmmmm, maybe this stock isn't all that good. As Reverend Wright would say, "Nah nah nah, why would an insider from ADDAX sell 2500 shares at this point, chump change to him, maybe he needs gas money." Especially on a company maker deal. Not to be offensive to Nightrader, just reinforcing Nights comment,"
Oily, is this the big news? Pearce buys ERHC for 2500 shares of Addax LOL." But what do I know. Just know things are heating up and it is getting to crunch time...either before or after drilling. I am sure if ADDAX thinks they are sitting on an elephants back they would rather buy now at a low price than have to share all the loot.