Insiders trading with impunity again, page-7

I'm sorry, but I couldn't help myself but to comment and put to bed all the blatant emotive down-ramping on this thread.


Let me paint a picture to reflect the hypocrisy of this thread.

If the SP were to be rising now, prior to any expected announcement, people may well me suggesting insider knowledge exists and that a contract was renewed/signed... but no one would be kicking up a storm and demanding ASIC get involved. Everyone would be celebrating and enjoying the run.

Conversely, if the SP were to be falling (which it currently is), people would suggest insider knowledge exists and that we lost the contract (which everyone is doing), and demand ASIC take action.

Firstly, insider trading is almost impossible to execute without being caught. If insider knowledge exists, the person with the knowledge will then either buy or sell stock according to the information. However, the buying or selling - even if they attempt to disguise it - but reducing the volume, etc, is still nevertheless very easy to detect. All ASIC need to do is: 1) look at the frequency of trades made by any one person, 2) the type of that trade (i.e. multiple sell orders, of high frequency and low volume would be suspicious), 3) whether there is similarity in the trades (i.e. is the person constantly selling 1000 unit parcels), etc. ASIC has that many parameters, limit regulators and algorithms constantly scanning trading patterns on stocks that if trades looked suspicious and where linked to someone who could in anyway have access to insider information ... QUESTIONS WOULD BE ASKED. Insider knowledge and trading is thrown around on HC as the panacea/explanation for downward movements in SP prior to announcements. It is EXTREMELY HARD for someone with insider information to pull off an insider trade without being caught.

So, in my honest opinion, if the Thames deal had fallen over ... and insider knowledge existed ... EVS would have been traded in the past few weeks with selling occurring in a specific pattern that would have raised alarm bells with ASIC. Since, there has been no action by ASIC ... I HIGHLY DOUBT that we can conclude that selling off of EVS is because we lost the Thames deal. People are purely speculating ... so don't make absolute statements.

Potential reasons for selling of EVS recently include:
1) Money has been flowing out of micro caps into mining and banks in the past month,
2) Cobalt and Marijuana stocks have been the flavour of the month recently, and
3) Because of the proliferation of negative sentiment on this stock, people who have no idea are probably listening to these down-ramping comments and selling. So you are actually doing yourself a disservice by making these complete unsubstantiated assumptions. Or perhaps ... you are trying to shake loose shares and line your own pockets.

Again, I couldn't not comment as the statements recently purported have been full of it. EVS has incredible potential and until hard cold news arrives, I am HOLDING with positive anticipation.

GLTA.