As of Feb. 15, there were about 1.2 million shares sold short in Paramount Resources POU-T, a stock with a high amount of insider commitment in terms of holdings. Recently, on Dec. 7, a director bought 2,000 shares in the public market at $25.41. Later, from Dec. 27 to Jan. 10, a pair of insiders acquired a total of 18,000 shares through options (not on chart) but did not sell those shares. Generally, it is a bullish sign if insiders exercise options and do not sell.
Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.