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Bullboard - Stock Discussion Forum TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."

TSX:TST - Post Discussion

TELESTA THERAPEUTICS INC > insider are selling big time..
View:
Post by bullmarkets on Apr 06, 2016 1:38pm

insider are selling big time..

not sure what is going on .. but they sold over 10 million yesterday.. check tsx..
Comment by higgsboson on Apr 06, 2016 1:41pm
i am not going to bother checking the tsx>>>>>> are they selling with insider info >>>>or just out of ignorance
Comment by Makemoney3 on Apr 06, 2016 1:44pm
Wow. That's a lot of selling ! https://www.tmxmoney.com/TMX/HttpController?GetPage=InsiderTradeMarker&Language=en
Comment by specul8tor on Apr 06, 2016 1:56pm
TMX uses a much looser criteria with respect to "insider" trading.I have found in the past many of the so called insider trades reported on TMX did not show up at Canadian Insider even after several days...
Comment by m8magic on Apr 06, 2016 2:01pm
i think that is because generally CI is focused on management/directors where TSX include daily insiders not privy to material news prior to any public disclosure
Comment by m8magic on Apr 06, 2016 1:45pm
its not management or directors....that would be jail time.....Its a fund or institution...a Pinetree type...hahaha
Comment by m8magic on Apr 06, 2016 1:55pm
Sometimes when a fund has over a certain percentage of a holding they have to file a notice of divesting a certain amount. Once they then reduce their holding to a certain percentage they no longer have to serve notice and then can play momentum like any shareholder without notice but still do report untill under 10 percent. I woder if a fund has filled a notice with TSX in regards to divesting ...more  
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