Impact of CEO Margin CallsTaking out margin loan is often tricky way for CEO's and business owners to monetize their position. It's built-in sell mechanism and it hurts other shareholders in a couple of significant ways in that when a CEO pledges the shares they no longer have skin in the game, and the selling further depresses the share price. I wonder why the idiots at OSC and other so-called regulators haven't stopped this practice.
Let's all watch out for this type of behaviour going forward.