Allen W Wilson

Allen W Wilson discloses dealings in Jericho Oil Corporation (fka Dakar Resource Corp.) to SEDI. We count 16 filings; the first trade dates from 11 April 2016 and the latest from 16 February 2021.

Both buying and selling appear: 3 purchases worth €10k, against 9 sales worth €79k. Taken together, the sales exceed the purchases by €69k. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. The rest of the record consists of 2 option exercises. Since January 2021: no purchases and 6 sales on the market.

The median purchase comes to €2,899. No cluster: in 3 purchases, no other insider of the company bought within 30 days.

On 17 February 2021 came the latest disclosure, an open-market sale for €11k in Jericho Oil Corporation (fka Dakar Resource Corp.). The clock since the last published purchase (27 December 2018) now reads 2,859 days. Between a trade and the moment it shows up on SEDI, the median delay is 2 days. This delay matters because a trade only becomes useful information once it is public. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. Source: insider filings from SEDI. Past trades are no guide to future returns.