illumin Holdings Inc T.ILLM

Who took down 1.4 million At Friday at the close

[Goldjknf]

IMHO, I took this as a very bullish signal for AT.  I know Monday they are included in the S&P /TSX Composite, but I don't  think this had anyting to do with that, I may be wrong?

Look at the support level on the chart, very steady all month between $18 and $20, next leg should be up in my opinion.  AT needs some news to send the share price higher, I think we are going to get some, very soon.

GLTA  JKNF

[BeatsBast]

I don't know how the insiders selling this week will affect SP :S ... It was a disposition under ownership plan, but very large volume... Hopefully it's drowned in the TSX index frenzy.

[Goldjknf]

Obviously the large block Friday was a negotiated trabsaction between 2 parties, again I take ths to be very bullish.  Next week will tell, maybe? LOL  JKNF

[BeatsBast]

I was referring to the sedi insider filings not the SOC. Can be found at the bottom here https://ceo.ca/at

[tootall67]

That doesn't look very promising, for the average investor, like most of us. Maybe time to lighten up on the number of shares........

[Torontojay]

The stock was up almost 3% on significantly higher volumes. This is viewed as a bullish trading day and it bodes well for the next day. Technical indicators over 10 or 20 days might show bearish indicators but technical indicators over a longer duration will show bullish indicators. I consider myself to be a long term investor so I'm more interested in the fundamentals of the company

[snowpest]

The sp price with the recent volatility concert me less than the large share disposition by numerous top executive. Knowing that those top executives know exactly what's going on with AT why would they sell now with the imminent uplisting to the S & P and Nasdaq that apparently should bring higher sp. Is it possible that changes to Google third party cookies effect AT business more than

[MattakaP]

They have been doing that since 2020 when they first started talking about getting listed on NASDAQ. They have to unload shares to have less % ownership to be listed. I only see it as a good thing that they do it slowly and under set dates to not scare people off. You wouldnt want them to let's say dump millions shares on market prices randomly without such a disposition plan.

[BeatsBast]

I don't think it has anything to do with NASDAQ compliance. It must be so tough to focus on your tasks at hand on the daily when you have a portfolio that is 100% AT worth tens of millions! If the general market tanks and they didn't sell any they will be kicking themselves... I don't know what their exact disposal plan is, but looks like they sold 15%... A smart way to go about it