Old API Wind-down Ltd - Ordinary Shares ARLZQ

"Old API Wind-down Ltd, formerly Aralez Pharmaceuticals Inc is a specialty pharmaceutical company. The company is engaged in the acquisition, development, and commercialization of products primarily in cardiovascular, pain management and other specialty areas. Its key products include Fiorinal, Proferrin, Fibricor, Uracyst and Neovisc, Cambia and other marketed products. The company currently operates in two geographical markets, the United States and Canada. The firm generates most of its reven

OTCPK:ARLZQ - Post by User

Old API Wind-down Ltd - Ordinary Shares > CEO Purchased Half Million Shares!

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Comment by GoldenDilemmaon Mar 18, 2017 8:55am

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Post# 25997125

RE:CEO Purchased Half Million Shares!

snootchybootchy wrote: Mr. Adams purchased half a million shares in the open market on wednesday. Other insiders purchased a total of 90,000 shares. This is what I wanted to see! I knew Mr. Adams would do something to support the share price.

Aralez shot up 9% in after-hours trading.

Has very little long term viability. If it does cause some upward movement on Monday or a bit through next week, once the day traders or other baggies dry up, all the shorts do is come back in. Doesn't chage the fundamentals which will continued to be scrutinized until ARLZ is derisked via positive Q's.

Don't forget that Adams was buying in the $6+ zone. How was that support?

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