Posted on 15/06/07
Troubling signs at WebTech should give investors pause
Insider buying is usually a good signal to invest in a stock. Here's an exception to that pearl of wisdom: WebTech Wireless Inc.A month ago, co-founders Cameron Fraser and Anwar Sukkarie bought almost $7-million worth of stock. A bullish sign? Not exactly. The chief technology officer and chief executive officer of the company, respectively, were in fact buying back stock they had just sold on April 11.
The full text of this article has 820 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
