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Electrovaya Inc T.ELVA

Alternate Symbol(s):  ELVA

Electrovaya Inc. is a Canada-based lithium-ion battery technology and manufacturing company. The Company designs, develops and manufactures lithium-ion batteries and battery systems for energy storage, clean electric transportation, heavy duty electric vehicles and other specialized applications based on its Infinity Battery Technology Platform. The Company is focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. The Company is also developing next generation solid state battery technology at its Labs division. The Company has two operating sites in Canada and has a 52-acre site with approximately 135,000 square foot manufacturing facility in New York state. Its battery products are used across various applications, including material handling, e-mobility and energy storage.


TSX:ELVA - Post by User

Bullboard Posts
Post by Yedi2on Aug 22, 2014 5:27pm
330 Views
Post# 22870795

Insider selling

Insider selling
Hey onlygame,

Paul Hart's trades were done under anonymous.

From your comment on Agoracom, i'm fairly certain PH's shares were sold via CIBC as i remember seeing the sell order at 1.15 on July 17 as was later discloused in Canadian insider the following day, friday. Not that it matters.
https://www.canadianinsider.com/node/7?menu_tickersearch=EFL+|+Electrovaya

And what's with Paradigm, that guy bought the highs on the last three rallies this past 10 months......  now he's selling the lows...... is it more than one guy? is it a private buyer/seller or is it institutional.... ?

Also, what are people's thoughts on all the insider selling. Just as this company was looking like things were starting to really happen for the good both Paul and Rakesh now twice have torpedod it and the market sentiment, so couldn't be worse except if Sankar starts selling next.....  yet this insider selling is not exactly the kind of extreme negative sentiment i would want to risk buying on, as it sends a real bad message.... but is also so contradictory.... and "There are no such thing as contradictions in reality, so one must check their premises" - Ayn Rand

My only bright side theory that fits with everything i know is that they are actually doing this on purpose to shake out all the unwated rift0raft. It seems a long shot and very sleazy but sleazy people do sleazy things and Gupta is very greedy when it comes to getting moar and more shares and as low as the idea is it is the only think that makes any sense to me at the moment as i just can't see this thing going to zero after all these years and recent money raise...... or maybe there's another plan to take it all private somehow and restructure out of BK.... ??  i don't know... any ideas..... the crazier the better. Or are the rats just simply jumping ship and DasGupta's a fool?

????
Bullboard Posts