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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by oexelon Sep 10, 2016 9:57pm
82 Views
Post# 25225722

RE:Calling the regulators about curious insider selling action

RE:Calling the regulators about curious insider selling actionHow many times is this going to come up.  He did not sell his shares but were sold on a margin call.

You're free to speculate that this was prearranged but I think that's nonsense.  He would have had to prearrange that margin call before the strategic review, in which case he would have been way better off selling in the 30s as opposed to 11 and change.  I have first hand seen a CEO of a company, transfer a large chunk of his shares to his daughter and wife and then have them later liquidate so as to not raise alarms.
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