Q: Hello Peter,
Other than Jason Donville's negative comments on Propel, could the insider selling be another reason for downward movement of the stock. I do find it surprising that insiders sold quite a bit, at much lower than the peak price. Could this be due to the stock options being vested on that particular date? I would appreciate your comments and thanks for prior responses. Here is the site i am referring to
https://ceo.ca/api/sedi/?symbol=prl&amount=&transaction=&insider
Other than Jason Donville's negative comments on Propel, could the insider selling be another reason for downward movement of the stock. I do find it surprising that insiders sold quite a bit, at much lower than the peak price. Could this be due to the stock options being vested on that particular date? I would appreciate your comments and thanks for prior responses. Here is the site i am referring to
https://ceo.ca/api/sedi/?symbol=prl&amount=&transaction=&insider
5i Research Answer:
There has been a flurry of insider selling since the pop following its earnings release,...