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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Post by RetailRubeon Jul 22, 2014 11:06am
291 Views
Post# 22769470

225,000 share insider sale yesterday

225,000 share insider sale yesterdayI checked the detailed Ink Research report for yesterday.  I can see the 225,000 shares sold.  It was one of the top sales yesterday by volume.  But it didn't show up in the list of top 10 individual sales.  That suggests it is a composite of several people.

I checked Sedi but there is nothing there yet.  Insiders are allowed up to 5 days to make a filing in Sedi.  The last time Gubitz sold, he was very quick to report on Sedi.

My guess now is that Gubitz did not sell.  More likely, it was several ex-employees who did not inform their broker to remove the insider flag from their accounts before they sold.  Ex-employees hold lots of shares in their retirements fund, since that is how the company made its contribution each year.


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