Penn West Petroleum Ltd. Message Board
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New Insdier buying
Insiders bought close to a million dollars worth of stock the last few days. That may not be a great deal for such fat cats, but I hope it indicates a bottom is near.
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I see a great many posters don't understand that PWE is a Canadian company. In particular when researching it on insider sites, one should use PWT not PWE. From the lengthy list of comments it seems some posters refused to learned something new. Canadian firms don't file form 4 with the SEC. Why would they?
Sentiment: Hold
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That would indeed be interesting, considering there's been no Form 4's filed for the past 12 months...apparently, even management did not have confidence in the stock. Where did you get this tidbit of information that has not even been reported to the exchanges?
Sentiment: Strong Sell
- 2 Replies to finplan43054
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They don't need to file form 4, this is a CANADIAN stock and follow the rules of Canada. Say thanks for your education!
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Brussa bought 60K shares and Nunns bought 25k. You can go to the Stockhouse(PWT.T) board and get the details since I can't post the link here.
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pump
Sentiment: Strong Sell
- 1 Reply to pclarke67
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To the CLOWNS who are to lazy to check, here are the insider trades:
Nov 7/12 Brussa, John Albert Public market buy 60,000 10.49 - 10.58
Nov 7/12 Luft, Keith Public market buy 5,000 10.50
Nov 7/12 Nunns, Murray R. Public market buy 25,000 10.50
Nov 7/12 Smith, James Cameron Public market buy 10,000 10.61 - 10.65
Seems mgmt is putting their money where their mouth is ON THE RECORD. Wonder how mmany board members are actually doing this.Sentiment: Hold
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Very key data. Please elaborate where you got that informatoin.
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What is your source.....????????
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