RE:RE:RE:RE:RE:Date of CEO's Second Margin Sale of 800,000+ SharesHe takes up to 2 weeks to disclose so any selling now would be known in mid October?
If he was dumping at less than $6, you know what the stock is worth.... $3 at best!
You'd figure these insiders would do anything to scramble to buy shares if these were a bargain?
But they know the math doesn't add up on this "death spiral".
LaticelnExile wrote: Yes you are right, Lemerson. Does he still have ~700,000 left?
Lemerson wrote: LaticelnExile wrote: MustardTiger88 wrote: They'll make a movie out of this and people will think it's a mocumentary because it's so friggin' ridiculous.
LaticelnExile wrote: ... was September 16th - the date that the NHS tabled the Generic Pricing Bill ....
Also September 16th they put out a press release to downplay the NHS Bill ... The same day the 800,000 shares were dumped into the public market. Hmmm...
As of Sept 16th 2496544 Alberta still had 700,000 shares. I guess the question investors may want to ask is how many he owns, err... I mean... how many does 2496544 Ontario Ltd., still own? Was there another trigger for the remaining ~700,00 shares at a day after Sept 16th? Oh well, I guess there should be a press release coming up. Wonder why they didn't tack the 800,000 share sale on on Monday's PR for the 50% Cinven deferral, lol! Maybe someone wanted out?
Any ideas on what insiders are doing with all the RSU's they have been awarded since Jan 2016?
The non-hedging prohibition for directors (press release coincidentally one month after the change in ownership of Thompson's common shares) that prevents directors and officers from using financial instruments against a share price decline does not apply to derivatives to the best of my knowledge.
Actually the majority of the 800 000 sold sept 21st