Why is there so much higher management selling CHR stock?

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Radiocaster
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Why is there so much higher management selling CHR stock?

Post by Radiocaster »

Just saying. Even investigators are starting to look at it. Hope Rudder has a clue.
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Zoo till Two
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Re: Why is there so much higher management selling CHR stock?

Post by Zoo till Two »

Who is taking about this? BNN? Post a link to news article?
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Radiocaster
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Re: Why is there so much higher management selling CHR stock?

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Tail-Chaser
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Re: Why is there so much higher management selling CHR stock?

Post by Tail-Chaser »

The only thing I saw was one director letting go of his shares.
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jumperdumper
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Re: Why is there so much higher management selling CHR stock?

Post by jumperdumper »

I would have to look through my Google alerts on Chorus in my email but there has been a lot of selling by higher management (more than 10). Not sure the information they have but CHR is still listed as a "buy" by several financial institutions.
Could possible be just cashing out after a moratorium on shares as part of their compensation package?
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DanWEC
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Re: Why is there so much higher management selling CHR stock?

Post by DanWEC »

Is it not essentially at an all-time high?
Regardless of its projected continued increase it's all a gamble... unless....

Could just be an individual choice. Maybe he just took enough of a wash on something else to offset and make cashing out make sense.
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Radiocaster
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Re: Why is there so much higher management selling CHR stock?

Post by Radiocaster »

Steven Linthwaite Sells 300,000 Shares of Chorus Aviation Inc ...
https://www.americanbankingnews.com › ...
25 mai 2017 - Chorus Aviation Inc ( TSE:CHR) insider Steven Linthwaite sold 300000 shares of the firm's stock in a transaction on Tuesday, May 23rd.

Jazz's VP flight ops started the dance a little bit more than a nonth ago, for a gross value of over 2M$. Since, insider trading has seen a historical spike. Yes, it is probably a good time to sell unrestricted shares, or it's a manoeuvre to keep the stock artificialy low.
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Full Ins
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Re: Why is there so much higher management selling CHR stock?

Post by Full Ins »

Buy low, sell high... sounds reasonable to me
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Rowdy
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Re: Why is there so much higher management selling CHR stock?

Post by Rowdy »

Pretty sure he needed some cash to finish building his cottage.

He sure was talking about it a lot last time I saw him.
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