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Sunrise Senior Living Inc. Message Board

  • assoma21 assoma21 Mar 10, 2009 10:01 PM Flag

    Ordan Shares 328766

    328766 Shares bought on March 18, 2008

    i also posted this on google.

    Date Open High Low Close Volume
    18-Mar-08 23.52 23.52 16.27 19.59 4,281,600

    Lets be fair to give him an Average of $17 X 328766 = $5,589,022 Shares Value .

    Now the stock is at .40 $131,506.40

    that is a loss of $5,457,515.60

    Ordan will want to get this company back on track. The money he lost is 25% of what SRZ MKT CAP is.

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    • Mark only owns 164383 shares of SRZ.

      How did you come up with x2?

      The trade to buy 164383 was posted twice somewhere and that is not correct. But even holding 164383 at 18.25 is really big and I believe is a major incentive to do all to save this company. The first step will be to cut his salary to about $250,000 from $650,000.

    • Assoma21:

      Your comment regarding CEO Mark Ordans current ownership simply re-inforces my opinion that he is going to do all possible in the behalf of current shareholders to resolve the current financial situation. He may have to work 24 hours a day to get a resolution completed but make no mistake about it, the incentive is without question is the right place. Although I continue to see this one with a "50/50" chance of success, I consider the situation worthy of the risk given the potential reward which is HUGE.

      Cheers and good investing,

    • If he wants to recover his loss, you would think he would add to his shares if SRZ comes to terms with the re-fi and all. I'm checking insider transactions from time to time. At least for the next couple of weeks. If no purchases.....SRZ is going down.