Post by
Optimistic on Mar 06, 2019 3:28pm
Insiders & Shorts
The CEO & Chairman may have gotten their shares free. On the link given, it says as a note, "gift, award" Therefore, insiders not really buying. The Shorts were active Monday and Tuesday, which explains the extra 2 days downslide. Today's action, shares were down to $4.82 within three minutes on opening. This was within 5 cents of the 52-week low. After that, zoomed up quite quick. Not much room to make a trade unless you were a computer. At this moment, shares are slipping down a bit. Let's see the close.
Comment by
Tierney on Mar 07, 2019 8:20am
No the shares were not a gift...the news release was very specific "The purchases were made for investment purposes." https://www.prnewswire.com/news-releases/maxar-technologies-announces-recent-insider-purchases-300748111.html