GREY:GLBCF - Post by User
Comment by
rocket500on Feb 19, 2014 1:32pm
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Post# 22225932
RE:THE REASON WHY IT IS GOING DOWN...
RE:THE REASON WHY IT IS GOING DOWN... Just wanted to mention that 117K of Questrade trades @ 11.5 was me just swapping between my RRSP and margin accts.
I sold some AOI from rrsp and bought in margin - and sold GCO in margin and bought back in rrsp. AOI is marginable and I'm running low on cash (being down ~ 30k on gco, and down several thousand on nfk, egx) so felt now was the time to pull the trigger.
Still really hopeful for GCO and holding about 366k shares. Basically just bought myself a few more months to wait patiently - hopefully not too long to go now for a big pop. I don't want to sound negative, but I'm losing a little enthusiasm in GCO - still, hoping for the best!