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MikeDDKing

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MikeDDKing

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Re: MikeDDKing post# 324

Tuesday, 12/18/2012 8:37:09 AM

Tuesday, December 18, 2012 8:37:09 AM

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I missed this PR that came out last week. The quick summary is that the company is loaning insiders money so that the insiders can buy their own shares out of their retirement accounts since Canadian law now places a huge penalty on them owning those shares in retirement accounts. The loans are at 3% and are for one year. This loan doesn't really have an impact on the fundamentals.

Mike

SwingTrade is my favorite board - #board-1781

Due diligence on my favorite stocks is located on the sticky note on the SwingTrade board.

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