Atwgold's Blog

More Unreported Trades – Harris

Posted in Uncategorized by atwgold on February 13, 2010



Its a confusing mess of insider trades of biblical proportion, but, suffice to say the numbers do all the talking.

2009-02-20 2009-03-04 – Acquisition +100,000 0.7500 2,283,567
2009-03-09 2009-04-08 – Disposition -5,000 0.8000 2,278,567
2009-03-09 2009-04-08 – Disposition -10,000 0.8100 2,268,567
2009-03-09 2009-04-08 – Disposition -10,000 0.8100 2,258,567
2009-03-10 2009-04-08 – Disposition -10,000 0.7400 2,248,567
2009-03-10 2009-04-08 – Disposition -10,000 0.7400 2,238,567
2009-03-10 2009-04-08 – Disposition -10,000 0.7400 2,228,567
2009-03-10 2009-04-08 – Disposition -10,000 0.7500 2,218,567
2009-03-10 2009-04-08 – Disposition -10,000 0.7500 2,208,567
2009-03-10 2009-04-08 – Disposition -15,000 0.7500 2,193,567
2009-03-10 2009-04-08 – Disposition -10,000 0.7700 2,183,567
2009-03-18 2009-04-08 – Disposition -10,000 0.7400 2,173,567
2009-03-23 2009-08-20 – Disposition -10,000 0.7400 2,163,567
2009-04-09 2009-06-25 – Disposition -10,000 0.7100 2,153,567
2009-04-13 2009-06-25 – Disposition -10,000 0.7200 2,143,567
2009-04-14 2009-06-25 – Disposition -10,000 0.7100 2,133,567
2009-04-24 2009-06-25 – Disposition -10,000 0.7100 2,123,567
2009-06-09 2009-07-22 – Disposition -5,000 0.8100 2,118,567
2009-06-09 2009-07-22 – Disposition -1,500 0.8200 2,117,067
2009-06-09 2009-07-22 – Disposition -53,500 0.8000 2,063,567
2009-06-23 2009-07-22 – Disposition -40,000 0.7500 2,023,567
2009-07-09 2009-08-20 – Disposition -57,000 0.6300 1,966,567
2009-07-10 2009-08-20 – Disposition -25,000 0.6264 1,941,567
2009-07-22 2009-08-20 – Disposition -50,000 0.6200 1,891,567
2009-07-23 2009-08-20 – Disposition -25,000 0.6200 1,866,567
2009-08-04 2009-08-20 – Disposition -25,000 0.6500 1,841,567
2009-08-05 2009-08-20 – Disposition -25,000 0.6000 1,816,567
2009-08-06 2009-08-20 – Disposition -25,000 0.5900 1,791,567
2009-08-10 2009-08-20 – Disposition -25,000 0.5600 1,766,567
2009-08-27 2009-09-08 – Disposition -100,000 0.5400 1,666,567
2009-09-11 2010-02-11 – Disposition -21,000 0.5200 1,645,567
2009-09-11 2010-02-11 – Disposition -79,000 0.5100 1,566,567
2009-10-13 2010-02-11 – Disposition -100,000 0.2700 1,466,567
2009-11-02 2010-02-11 – Disposition -50,000 0.2100 1,416,567
2009-11-03 2010-02-11 – Disposition -19,000 0.2200 1,397,567
2009-11-09 2010-02-11 – Disposition -31,000 0.2200 1,366,567
2010-01-21 2010-02-11 – Disposition -55,500 0.2200 1,311,067
2010-01-22 2010-02-11 – Disposition -4,000 0.2200 1,307,067
2010-02-01 2010-02-11 – Disposition -40,000 0.1800 1,267,067
2010-02-02 2010-02-11 – Disposition -82,000 0.1800 1,185,067
2010-02-03 2010-02-11 – Disposition -13,000 0.1700 1,172,067
2010-02-04 2010-02-11 – Disposition -100,000 0.1650 1,072,067
2010-02-05 2010-02-11 – Disposition -5,000 0.1850 1,067,067

It appears Mr. Harris is doing his trading “anonymously” if his trades on January 21 are any indicator. (i.e. no brokerage house number) While there is nothing patently illegal or improper about this, its always a red flag when insiders feel compelled to do their sales “under the radar”.

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One Response

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  1. thamnosma said, on February 13, 2010 at 6:55 pm

    What a friggin’ SOB crook this guy is. How can this not be criminal? Seriously, is there nobody to report these guys to? The financial agencies are a joke, but wouldn’t it be fun to find a crusading local prosecutor in Vancouver?

    Interesting, on March 9 and 10 he dumped around 100K shares in separate 10K block sells. Good way to mess with the heads of those level 2 watchers. This guy is a pro, of course and knows exactly what he’s doing.

    The dumping ramps up in July and August, but isn’t reported until the end of August. I wish I knew the date of Korelin’s interview with Bowering justifying the insider selling. It was in the summer, but not sure if it was before this increase in Harris’s dispositions or after.

    Anyway, it’s clearly a wholesale liquidation and indicates they knew well in advance the house of cards was going to collapse. Harris was dumping as they were parading the KNB deal to us.

    These dispositions were not met by large block purchases by insiders, at least that are reported.

    Now we await Butler’s sales.


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