PyroGenesis Inc T.PYR

Not going to be a good week. The market is tiring of this.

[Toppert1]

A couple of weeks ago, I posted some excerpts from the OSC's recommended guidelines for the administration of ASDP's.
( Automatic Security Disposition Plans )

I did some serious editing that day, and whittled the entire publication down to the bare essentials.

Here's one of the items that made my cut:

Waiting period

 

"Prohibit trades under an ASDP before the issuer’s next interim financial report or annual financial statements have been filed. The waiting period, being the period between the establishment of the ASDP and the first trade under the plan, should be as long as possible, since the longer the waiting period, the more likely any insider’s MNPI will be obsolete or publicly disclosed prior to the commencement of trading under an ASDP."

 

Last week, Pascali started selling on Tuesday, the very first day he was allowed to sell under the rules, after he filed the week before.

He's sold the very first day he's been allowed to every single time he's filed in the last two years.

The market must be getting tired of it.

He appears to be in a hurry.

We'll see how the market reacts tomorrow.

He filed after the close on Friday.