https://www.theglobeandmail.com/investing/markets/stocks/GFS-Q/insiders/
27 replies (most recent on top)
The thing that the company is in dire straits is that if I look at insider transactions of intel everyone is buying including the board of directors whereas it seems that even the board of directors are probably working in their own bubble as some of them are selling whereas others are keeping it and the fact CEO is selling is not a good sign while the layoffs are happening
@1qta What @1flh said. Since they're incorporated in the Cayman Islands they aren't required to report insider transactions to the SEC. It's not clear where the company that provides the data (Barchart Solutions) got this information. It seems real, I would just like to know where they got it so we can continue checking. I would also guess that it's incomplete because there's no way other executives haven't cashed out. They've been getting equity since 2016 or 2018 based on what the IPO documents said.
I'm just glad the CFO can join the company after all the hard work was done and collect bank.
That was the earliest he could sell, but also Tom is retiring you all. Not sure when they will announce it.
Technically as a public company they need to release form3 form 4 data but I do not see GFS releasing that. Something fishy is going on. Needs to be asked at future global cast
Why wasn’t this asked about or even brought up during the globalcast?
They are cashing out at the top you d-mb cu-ts. The market is about to implode
@1suh+1k8CQSYO yeah Tom C, Martin Edelman, Glenda Dorchak, David Kerko a fu----g politician must've really needed all that money at the same time lol
TC rewarded for his lies and deceptions! He does not deserve it .
Looks like it’s going to one he-l a nice Christmas at Case De Caulifield.
Did these stocks of his just mature? If so is it still insider trading? It does look bad for his outlook but could just be he needs cash fast after his stocks maturing
Sold over $17 million before the public knew of layoffs. That's interesting timing I should say dear boy. No wonder Tommy C looked so sh---y in the meetings. Take his badge access security! Welcome to america lads and gals, hope you enjoy your stay
500M … 1/2 billion?! Do you have a reference to cite for this?
And if true that makes the record earnings report data + layoffs for cost saving way way worse. He should have used that money to reinvest and save people’s jobs…
What is the source of their data? I didn't think insiders weren't required to report because GF is incorporated in the Cayman Islands. Can't think of why they would divulge this voluntarily
The guy finally exposed .. selling and running away with GF sinking.
I sold what i had last week. GF just made the NASDAQ 100. That should give a short term boost. I suggest you all book the profit from this boost and exit.
You guys know how many shares TC owns? Like 500million USD in GFS. This selling is pennies for him…
Looks like a case of rats abandoning the sinking ship
Oh wow our homeboy TC dumping his shares
Ruuuttt-roooo
Real joke - record year followed by layoff
You can bet they done thing is fishy -
300mm-equivalent wafer shipments of 637,000 was a record for GF, an increase of 5% year-over-year. Our revenue grew 22% year-over-year, and we delivered record gross, operating, and net profits, making significant progress toward our long-term financial model. We remain on track to deliver a strong year of growth and profitability.”
And we are laying off these employees who made this happen ????
TC rewarded for his lies! Woooo lot of money and we are waiting to be punished for our hard work.
We should all sell soon. It is not going to go anywhere. As soon as TC is removed, new guy has no choice but accept the reality. That will crash the stock.
I am going to sell whatever I have. At least I can make 30% before it goes below IPO.
I see GF closure coming faster than I anticipated. Run before it sinks!
Seems TC and his terrible and corrupt team will be removed soon.
Sell!!
TC sold 250kshares for 16,071,250. Time to get rid of the shares it seems when I see the board members also getting rid of the shares.