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Bullboard - Stock Discussion Forum Conifex Timber Inc T.CFF

Alternate Symbol(s):  CFXTF

Forest Products Lumber & Wood Production
Conifex Timber Inc. is a Canada-based forest products company, which operates fiber baskets in North America, northern British Columbia. The Company produces lumber products and renewable energy from its sawmill and bioenergy plant in Mackenzie, British Columbia. Its lumber products are sold in the United States, Canadian and Japanese markets. It also produces bioenergy at its power generation... see more

TSX:CFF - Post Discussion

Conifex Timber Inc > Insider Data
View:
Post by horseshoefalls on Jul 21, 2020 6:45pm

Insider Data

Filing
Date		 Transaction
Date		 Insider Name Ownership
Type		 Securities Nature of transaction Volume or Value Price
Jul 14/20 Jun 30/20 Shields, Kenneth A. Direct Ownership Restricted Shares 57 - Exercise of rights -150,000

Filing
Date		 Transaction
Date		 Insider Name Ownership
Type		 Securities Nature of transaction Volume or Value Price
Jul 14/20 Jun 30/20 Shields, Kenneth A. Direct Ownership Restricted Shares 57 - Exercise of rights -150,000

Another worry wall went up today.  I've fallen for that trick before, only to sell and see the share price climb so rapidly you can't get back in fast enough.
Comment by horseshoefalls on Jul 21, 2020 6:50pm
Sorry, not sure what it posted the chart twice.  That is one single line entry.
Comment by TraderWannaBe on Jul 21, 2020 9:43pm
Sorry if I'm wrong. (just started stock trading 7 weeks ago and I'm not short). Does this mean that mr. Shields sold 150k shares as an insider?  Sorry for stupid quesion, I'm just learning
Comment by PronounTout on Jul 22, 2020 7:14am
This post has been removed in accordance with Community Policy
Comment by horseshoefalls on Jul 22, 2020 7:20am
You are correct, it doesn't mean much even if he sold.  I've seen a few other companies recently where execs have exercised rights and then sold shares for just over double what they purchased them for... they're just pocketing cash.   I've seen the opposite as well, Execs buying shares only to sell them for half as much. I try not to read into individual purhcases ...more  
Conifex Timber Inc
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