RE:President of Concordia's Int'l Segment DUMPS SHARES AT $1.91InsiderTrader wrote: Graeme Duncan sells all his shares in Concordia, hat tip @DumpsterFIre69 twitter
| Insider name: | Duncan, Graeme Neville | |
| Insider's Relationship to Issuer: | 7 - Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) | |
| Ceased to be Insider: | Not applicable | |
| Security designation: | Common Shares | |
| | | | | 3009410 | 2017-05-16 | 2017-05-17 | Direct Ownership : | 10 - Acquisition or disposition in the public market | -100 | 1.9100 | | 7,065 | | | | | | | | |
| | | | | 3009413 | 2017-05-16 | 2017-05-17 | Direct Ownership : | 10 - Acquisition or disposition in the public market | -7,065 | 1.9100 | | 0 | | | | | | | | |
Stockhouse advertising is covering up what he sold. I see the zero in the last column
so this means he sold all of his shares? He had 7,065 shares which would have been
worth something when the stock was $75 a share, now it is worth practically nothing.
I guess he must have thought getting back $14,000 was better than zero.
Insider activity has been a big tell on this stock. People should have taken notice when
Kupinksky sold a big chuck in January 2016 and Thompson had that unfortunate margin
call at $13.00 per share. Then the Chairman of the Board Jordan Kupinksky dumped
half a million shares two days after earnings in 2016. People - this is telling you something.
Now looking back, $13.00 was a pretty juicy price for Thompson's shares.
In the nextfew months $2 may look like a juicy price for Costa Concordia's (love that pic, btw)
shares. Wish my investment banker would give me more borrow and options are so pricey now.
Looks like its going to be a Zero according to insider selling.