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CATALYST PAPER CORPORATION T.CYT

"Catalyst Paper Corp is a producer of mechanical printing papers in western North America. The Company operates through four segments: coated paper, uncoated paper, newsprint and pulp."


TSX:CYT - Post by User

Bullboard Posts
Comment by inforcashon Nov 09, 2007 10:57am
192 Views
Post# 13783035

RE: RE: Re : RE: Trouble ahead

RE: RE: Re : RE: Trouble ahead"Why not make money while the stock price is declining?"

And miss the boat as it leaves the dock? The way I see this they are in buyout mode---why else would they commence the IP lawsuit when there was nothing to gain in the immediate term and they had enough preoccupations? IMO they are doing there DD. If the future isn't bright why would an insider like Chris buy almost $60k from the public market?

CryoCath Technologies Inc. (CYT)

As of November 8th, 2007
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Oct 30/07 Oct 26/07 Christofilis, Constantinos Control or Direction Common Shares 10 - Acquisition in the public market 36,800 $5.146
Oct 30/07 Oct 25/07 Christofilis, Constantinos Control or Direction Common Shares 10 - Acquisition in the public market 20,600 $5.235
Oct 30/07 Oct 22/07 Bataille, Olivier Direct Ownership Options 50 - Grant of options 15,000 $5.110
Oct 26/07 Oct 19/07 Zingeler, Allan Direct Ownership Options 50 - Grant of options 45,000 $5.110
Oct 26/07 Dec 27/06 Rodomista, Guy Direct Ownership Options 50 - Grant of options 10,000 $1.990
Oct 25/07 May 30/07 Despotopoulos, Beatrice Direct Ownership Options 50 - Grant of options 15,000 $3.720
Oct 25/07 Oct 24/07 Christofilis, Constantinos Control or Direction Common Shares 10 - Acquisition in the public market 22,800 $5.159
Oct 24/07 Oct 19/07 Desmarais, Jean Pierre Direct Ownership Options 50 - Grant of options 35,000 $5.110
Oct 24/07 Oct 19/07 Despotopoulos, Beatrice Direct Ownership Options 50 - Grant of options 30,000 $5.110
Oct 24/07 Oct 19/07 Keltjens, Jan Direct Ownership Options 50 - Grant of options 100,000 $5.110

Thanks for the tip, but I'll wait out the current volatility in anticipation of a 50-60% SP appreciation.
Bullboard Posts