Wanderport Corp (WDRP)

[n1tr08urner]

Most commonly when people use the word trade they mean buy and sell. Not only that but generally it is considered to be short term. Long term would be investing I guess... I do think there is a big difference between buying and selling a lot while being in possession of insider info and just selling shares given as compensation.

That said, I do agree with you that if Andrew had a number (possibly a big number) of shares to sell and had no restrictions as to when he sold them that would be a question mark and would definitely not be considered a fair practice. In this particular case their PRs are so fluffy that they rarely make the price go way up but still, there could be some money to be made by timing it right. I'm sure that will be addressed in the AMF hearing. If he's guilty he'll go his separate way, end of story.

If he had no restriction on when he could sell shares my guess is they did that since maybe they could not afford to pay him a proper full time salary and they looked the other way while he did some light insider selling... :)