President & COO of Midway Gold Corp (MDW) Kenneth Arnold Brunk buys 19,000 shares of MDW on 06/28/2010 at an average price of $0.53 a share.

Midway Gold Corp has a market cap of $37 million; its shares were traded at around $0.46 .

MDW is in the portfolios of Chuck Royce of Royce& Associates.


This is the insider trade history vs. stock price of MDW. For the complete insider trading history of MDW, click here.

Directors and Officers Recent Trades:

• Buy: 10% Owner Matthew Sheerin bought 83,475 shares of MDW stock on 06/10/2010 at the average price of 0.57. Matthew Sheerin owns at least 8,764,481 shares after this. The price of the stock has decreased by 19.3% since.


• Buy: 10% Owner Matthew Sheerin bought 249,100 shares of MDW stock on 04/16/2010 at the average price of 0.63. Matthew Sheerin owns at least 8,681,006 shares after this. The price of the stock has decreased by 26.98% since.


• Buy: 10% Owner Matthew Sheerin bought 50,000 shares of MDW stock on 04/12/2010 at the average price of 0.6. Matthew Sheerin owns at least 8,431,906 shares after this. The price of the stock has decreased by 23.33% since.


• Buy: 10% Owner Matthew Sheerin bought 50,000 shares of MDW stock on 04/12/2010 at the average price of 0.6. Matthew Sheerin owns at least 7,696,340 shares after this. The price of the stock has decreased by 23.33% since.


• Buy: Director Roger Newell bought 100,000 shares of MDW stock on 04/09/2010 at the average price of 0.6. Roger Newell owns at least 100,000 shares after this. The price of the stock has decreased by 23.33% since.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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