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Concordia Healthcare Corp. T.CXR.R

Healthcare Biotechnology


TSX:CXR.R - Post by User

Concordia Healthcare Corp. > Death spiral
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Comment by CYBERPUNKon Nov 27, 2016 2:54pm
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Post# 25519098

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Death spiral

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Death spiral
Craigbad wrote: Why would all the insiders dump rather than wait for Obermans great plans to turn the company around become public and rocket the shareprice up 400%? Something smells extrememly bad here.

greatplay wrote: The other thing I noticed that few people sold the same amount of shares; Most of them sold 3,900 shares, only COO and Chairman sold more, because their bonus was bigger...

Since all sold at the same price 3,900 x 4.35 = 16965; nice bonus, I think it was executed by market maker as one block, stock opened at 4.37 that day, so it means it wasn't sold personally on openning market. Probably employees had an option whether to keep money, or shares to be sold by market maker.




Insiders know its Bankrupt.   And now they have this teeny weeny problem with the Bondholders lawyering up.    

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