Think Research Corporation THKKF

RE:RE:Insider Selling

[dt_core]

mcappro, thanks for posting the SEDAR link. I would say that while its not uncommon to see automatic sales related to tax liabilities this tends to be elective for executivies/managers and firms with good governance policies recognize that such programs make limited sense for companies with low liquidity. Furthermore any insider that was gung ho on the firms prospects "should" have elected to pay tax liabilities in cash from other sources rather than sell stock in a relatively illiquid name because 1) buying shares and holding on to them makes more sense than acquiring more in public markets (a little bit of bidding pushed the price up significantly as we've seen recently), and 2) and share sales that are materially higher than daily average liquidity would push the stock downward as I would argue THNK insider selling has, which means insiders would have to sell even more stock to cover tax liabilities since those would be generated at time of issue.

I'm still on the sidelines for now but watching THNK closely at long term fundamentals (i.e. 2023+ rev, earnings, FCF, margin growth and potential to de-lever the balance sheet). Lots of beaten health tech / health related names such as WELL, LSPK, VIE, VHI etc. so many names of interest all requiring a catalyst for a share price rebound.