Genco GGC.v

Genco is up 6% on a day like this. according to the insiders nothing good is gonna happen:

Oct 24/07 Oct 23/07 HUGHES, RICHARD WILLIAM Direct Ownership Common Shares 10 - Disposition in the public market -10,000 $3.700
Oct 24/07 Oct 22/07 HUGHES, RICHARD WILLIAM Direct Ownership Common Shares 10 - Disposition in the public market -2,000 $3.700
Oct 24/07 Oct 22/07 HUGHES, RICHARD WILLIAM Direct Ownership Common Shares 10 - Disposition in the public market -2,000 $3.740
Oct 24/07 Oct 22/07 HUGHES, RICHARD WILLIAM Direct Ownership Common Shares 10 - Disposition in the public market -6,000 $3.720
Oct 19/07 Oct 17/07 HUGHES, RICHARD WILLIAM Direct Ownership Common Shares 51 - Exercise of options 50,000 $0.850
Oct 19/07 Oct 17/07 HUGHES, RICHARD WILLIAM Direct Ownership Options 51 - Exercise of options -50,000 $0.850
Oct 17/07 Oct 12/07 McDonald, James Direct Ownership Common Shares 10 - Disposition in the public market -3,000 $4.190
Oct 17/07 Oct 12/07 McDonald, James Direct Ownership Common Shares 10 - Disposition in the public market -3,500 $4.050
Oct 17/07 Oct 12/07 McDonald, James Direct Ownership Common Shares 10 - Disposition in the public market -400 $4.100
Oct 17/07 Oct 12/07 McDonald, James Direct Ownership Common Shares 10 - Disposition in the public market -3,100 $4.080

Wow,

You guys put WAY too much on small amounts of insider selling, seriously.

Cheers.

Soxfan:

I agree that we whould not place too much emphasis on insider selling. These guys need the money just like the rest of us. It is however and indicator of insider confidence in near-term stock performance and can be useful. I don't think that the levels of stock sales noted by Henk are serious enough to cause concern. I don't own any of Genco stock and don't plan on getting any soon.