AirBoss of America Corp ABSSF

Are these insider buys right? Incredible

[Dunworkin2]

2021-09-0911:36   2021-09-09	$BOS	Flatt, James Gordon 3 - 10% Security Holder of Issuer Holder: Skky Capital Corporation Limited (Indirect Ownership)	Common Shares 10 - Acquisition or disposition in the public market	$25,010,000 +610,000 vol $41.00 each	3,325,700
Older filings
2021-09-0316:58   2021-09-03	$BOS	Flatt, James Gordon 3 - 10% Security Holder of Issuer Holder: Skky Capital Corporation Limited (Indirect Ownership)	Common Shares 10 - Acquisition or disposition in the public market	$8,989,687  +219,900 vol  $40.88 each	2,715,700
2021-08-1616:28   2021-08-16	$BOS	Flatt, James Gordon 3 - 10% Security Holder of Issuer Holder: Strategem Capital Corporation (Indirect Ownership)	Common Shares 10 - Acquisition or disposition in the public market	$1,823,313  +49,999 vol  $36.47 each	400,000
2021-08-1616:27   2021-08-16	$BOS	Flatt, James Gordon 3 - 10% Security Holder of Issuer Holder: Skky Capital Corporation Limited (Indirect Ownership)	Common Shares 10 - Acquisition or disposition in the public market	$1,823,313  +49,999 vol  $36.47 each	2,495,800
2021-07-2714:51   2021-07-27	$BOS	Flatt, James Gordon 3 - 10% Security Holder of Issuer Holder: Strategem Capital Corporation (Indirect Ownership)	Common Shares 97 - Other	+1 vol	350,001
2021-07-2714:50   2021-07-27	$BOS	Flatt, James Gordon 3 - 10% Security Holder of Issuer Holder: Skky Capital Corporation Limited (Indirect Ownership)	Common Shares 97 - Other	+1 vol	2,445,801

[porksniffer]

Gordon Flatt sold 3 million shares at $40 April 23rd and now he is paying more to start re-acquiring them 4 months later?? That is very strange indeed.

[retiredcf]

As the saying goes, insiders sell shares for a multitude of reasons but they only buy them for one (future share price appreciation). GLTA

[GoldenArm]

Yes but this is weird. Why would you sell in April only to buy back in September? There is no profit in that. Unless he sold to take advantage of losses he had in the stock market. Hmmm options maybe. Wierd.

[porksniffer]

No profit? He is actually paying more for the shares than what he sold. ANother strange thing, reports say Sentinel Capital sold all their 3.390 million shares on Sept 9 in the public market. Does not appear in the volume for that day. Beggining to think these reports are not all that accurate.