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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Kurpinsky Taxable Gains offset by Tax Loss selling?
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Post by stockefeller on Nov 21, 2016 10:29am

Kurpinsky Taxable Gains offset by Tax Loss selling?

Did Kurpinsky sell any shares previous for a profit?  I'm wondering if his selling has something to do with offsetting some of the tax on gains... we could see him rebuy in January.

Just curious if this could be a valid theory for the selling?
Comment by DeathPool on Nov 21, 2016 10:43am
LOL No he did not sell any shares in 2016 for profit.  The only thing he did was change the direction of his shares right before the anti-hedging policy came into force on Concordia - which was also exactly what Thompson did, lol.  Kupinsky sold at just the right time though twice in 2015 - before the debt-fueled AMCo acquistion and in Dec after the GS forced a $45 million payment ...more  
Comment by cg16 on Nov 21, 2016 7:58pm
He sold for more than a double at $2.42..  So he has a tax bill this year. I'd say he won't be buying now at higher than his previous cost. Also Oberman likely isn't the only one getting RSUs.. 
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