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?

#1 Post by Radiocaster » Tue Jul 11, 2017 9:42 am

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?

#2 Post by Zoo till Two » Tue Jul 11, 2017 3:50 pm

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

#3 Post by Radiocaster » Tue Jul 11, 2017 7:18 pm

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

#4 Post by Tail-Chaser » Wed Jul 12, 2017 6:04 am

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

#5 Post by jumperdumper » Wed Jul 12, 2017 6:32 am

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

#6 Post by DanWEC » Wed Jul 12, 2017 7:18 am

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

#7 Post by Radiocaster » Wed Jul 12, 2017 8:02 am

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

#8 Post by Full Ins » Wed Jul 12, 2017 2:17 pm

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

#9 Post by Rowdy » Wed Jul 12, 2017 7:09 pm

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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