Isotechnika Pharma Inc IPHAF

Undeclared Insider

[go4future]

An undeclared ISA Insider has been selling relatively smaller amounts over the last 3 weeks via National Bank (80), on 4 separate days, not currently reported (probably +100,000 by now). Selling is usually
.33 or higher with not many ISA insiders having Common shares, mostly options.


https://www.tmxmoney.com/HttpController?GetPage=SearchInsiderTrade&Language=en&Submit=Submit&QuerySymbol=isa&x=40&y=18

[MementoMori]

>An undeclared ISA Insider has been selling relatively smaller amountsIf s/he is an undeclared insider (which means: not an insider, since insiders are obligated by law to declare their sales), then how do you know s/he is...an insider? Unless a law is being broken, wouldn't this in fact necessarily be a non-insider, i.e. an ordinary shareholder?

[go4future]

Not sure how it works, but the TMXMoney website shows Insider trading for the previous day for stocks. Prior to market open it showed ISA trading 4 trades for a total of 47,400 for the previous day. It does not identify the Insider.  The website shows nothing now for this trading day. In the last 3 weeks it has showed 4 days related to Insider trading shares, and I was able to see these

[frankandbeans]

Out of 132,000,000+ shares outstanding, are we really getting concerned that 47,400 have been sold by someone who is an "Insider"?  Not sure about you, but an insider liquidating  ~$15,000 worth of stocks sure isn't going to keep me up at night.  Add another zero to that figure at this stage of the game, and I'd be more concerned.