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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Stockcoach1on Jan 22, 2016 9:46pm
163 Views
Post# 24486260

RE:RE:RE:RE:Kupinsky's Reason To Sell

RE:RE:RE:RE:Kupinsky's Reason To Sell
ChartSchool wrote: Stockcoach,  Can you give me the security designation number of that transaction when he sold 315000 shares and the shares went up?  The only thing I see for him him since 2013 was a past disposition of 5,000 shares at a price of $103.200 on 2015-July-20 (around the same time Wayne Kepner, another director sold some shares at $103.00).  

And yeah, at $103.00 that would have been a GREAT time to run like a bat outta hell if you f'en ask me.   Do you wish you had sold some then?  I was not a shareholder on July 20 2015 so I can't speak to that question.

I apologize in advance if I took your bloomberg-bio post and personal comments out of context.   A lot of people have a lot of money invested in this company (myself included).  Kupinsky didn't sell when the stock price was at $100 because his options weren't vested until November 17th, 2015.  I don't know what you mean when you say he he holds a core position of 800,000 (and by the way, he doesn't know what you mean by that either).  After his disposition of 100,000 shares on the public market on December 29 2015 he exercised his remaining options (along with some other directors who did the same) on January 4th 2016. 

Anyone on the board can access this information on SEDI if they so choose.  I don't believe you need an account to do so.

Cheers,
Chart


Here are Mark Thompson's sales:
Sold  lots of:
100
7,200 
600
2,300
100
289,700
10,000 
On or about 04, Sep, 2014
 
5,000
On or about 20,Jul, 2015

 
Here are all the extract from SEDI with the Sec. Designation #s.
 
Security designation: Common Shares
        2439106 2014-03-11 2014-03-14 Direct Ownership : 
15 - Acquisition or disposition under a prospectus +17,100 11.7500   2,115,850  
 
        2527919 2014-09-04 2014-09-05 Direct Ownership : 
51 - Exercise of options +300,000 3.0000 USD 2,415,850  
 
        2527921 2014-09-04 2014-09-05 Direct Ownership : 
10 - Acquisition or disposition in the public market -100 36.6100   2,415,750  
 
        2527923 2014-09-04 2014-09-05 Direct Ownership : 
10 - Acquisition or disposition in the public market -7,200 36.6188   2,408,550  
 
        2527925 2014-09-04 2014-09-05 Direct Ownership : 
10 - Acquisition or disposition in the public market -600 36.6550   2,407,950  
 
        2527926 2014-09-04 2014-09-05 Direct Ownership : 
10 - Acquisition or disposition in the public market -2,300 36.5709   2,405,650  
 
        2527929 2014-09-04 2014-09-05 Direct Ownership : 
10 - Acquisition or disposition in the public market -100 36.5700   2,405,550  
 
        2527930 2014-09-04 2014-09-05 Direct Ownership : 
10 - Acquisition or disposition in the public market -289,700 36.5001   2,115,850  
 
        2549172 2014-10-17 2014-10-22 Direct Ownership : 
47 - Acquisition or disposition by gift -10,000 36.1300   2,105,850  
 
        2665768 2015-06-01 2015-06-03 Direct Ownership : 
57 - Exercise of rights +641   2,106,491  
 
        2690535 2015-07-20 2015-07-21 Direct Ownership : 
47 - Acquisition or disposition by gift -5,000 103.2000   2,101,491  
 
        2740396 2015-11-16 2015-11-16 Direct Ownership : 
10 - Acquisition or disposition in the public market +250 44.9600   2,101,741  
 
        2740397 2015-11-16 2015-11-16 Direct Ownership : 
10 - Acquisition or disposition in the public market +23,150 43.3565   2,124,891  
 
        2740632 2015-11-17 2015-11-17 Direct Ownership : 
10 - Acquisition or disposition in the public market +300 43.1200   2,125,191  

 
As far as Kupinsky he showed a balance of 800,000 shares when I initially wrote the piece. Seems like he moved it around into Pride Partnership, as well as his family trust, that he may be distributing to family members. But since you insinuate that you're in communication, why don't you ask him about that. Oh, and while you're at it ask him why and if he sold the 100,000 shares due to some fundamental problem with CXR ....that only he would be privy to.
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