RE:RE:Bottom?Brokerage house Echelon has now sold 4.3 million shares since April 7 and havent bought a single share. They've sold 26% of all shares sold since that date. They sold almost 1 million shares today alone. Looks like it is an organized/coordinated sell program with them seling shares each day. Scotia, RBC, and CIBC have bought all the Echelon shares.
Will be interesting to see how the share price reacts once they are done selling. I beleive this company is severely undervalued.
| Echelon Broker Positions for C:SLNG | | |
| from 20200407 to 20200424 | | |
| Date | Bought | Sold |
| 20200407 | 0 | 325,000 |
| 20200408 | 0 | 235,000 |
| 20200409 | 0 | 235,000 |
| 20200413 | 0 | 347,000 |
| 20200414 | 0 | 200,500 |
| 20200415 | 0 | 120,000 |
| 20200416 | 0 | 306,500 |
| 20200417 | 0 | 350,000 |
| 20200420 | 0 | 285,500 |
| 20200421 | 0 | 378,000 |
| 20200422 | 0 | 396,500 |
| 20200423 | 0 | 260,000 |
| 20200424 | 0 | 883,500 |
| TOTAL | 0 | 4,322,500 |