Health Care Investor Buys 33.4% of Lions Gate Shares 1 Week Before the Release of Michael Moore’s SICKO

Mark H. Rachesky, M.D. purchased 33.4% (over 40 Million) shares of Lions Gate stock one week prior to the scheduled opening of Michael Moore’s controversial film “Sicko” which happens to be distributed by Lions Gate and the Weinstein Co. (SEC filing can be found here). Interestingly, a pre-screening of the film was held on the same day in New Hampshire for over 600 people including doctors, health care lobbyists, nurses, political figures and pharmaceutical companies all from the health care industry.

…….

If Dr Rachesky purchased Lions Gate shares for controlling power is it safe to ask why? There are many debates and arguments as the the accuracy of Moore’s film. What interests me is if there were no truth and validity to the documentary why would someone go to so much trouble to make sure it is not a success and limit the amount theaters where the film can be seen? Sounds to me like this film has left the health care industry shaking in their boots and they don’t want us to know the truth.

Read the whole article at The Zetetic

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