GREY:LFDEF - Post by User
Comment by
Electrofuelon May 31, 2017 5:39pm
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Post# 26308285
RE:RE:George Tyc purchased 1,200,000 stock options @ $0.75?!
RE:RE:George Tyc purchased 1,200,000 stock options @ $0.75?!I didnt think yesterdays reporting of George Tyc selling 287,000 shares yesterday at $1.26 made sense. That volume was greater than the number of shares traded on all exchanges and at a higher price than the day high.
Checking
https://www.sedi.ca/sedi/ today, I see lots of amendments to the originally reported trades and, it shows George Tyc as currently holding 1,064,113 shares
I think all is well with our UR and this selloff is due to the poor optics of George Tyc selling some shares. I also think that as mentioned on this board several times, George Tyc simply had to sell some of his shares/options in order to pay for his increased holdings.
Electrofuel wrote: Not sure how to explain this when it looks like volume on all the markets together today was only 266,000 shares traded and the high for the day was $1.23, not the $1.26 specified. Maybe its some kind of cumulative disposition filing! The trade also shows up on Sedi as a May 30, 2017 transaction. Sedi also shows GT having a balance of over 870,000 shares which is roughly where I would expect him to be based on previously noted dispositions.
Urthecast Corp (TSE:UR) insider George Tyc sold 287,900 shares of the firms stock in a transaction on Tuesday, May 30th. The shares were sold at an average price of C$1.26, for a total transaction of C$362,754.00
George Tyc