GREY:MRRCF - Post by User
Post by
BamBamMarketon Jan 14, 2019 12:19pm
324 Views
Post# 29228234
selling pressure
selling pressure I believe one of the reasons Wayland's SP fell so hard was because a large shareholder sold their position. I originally thought it was Lori Etkin. At the AGM Ben Ward did say that she redistributed the shares to family. He also said that a Hedge Fund was liquidating their position.
Connor, Clark and Lunn had 943,100 shares before the decline and now they are no longer listed as a shareholder.
https://www.marketscreener.com/MARICANN-GROUP-INC-34637464/company/
MM Asset Mgt has over 20 million shares, I hope they don't start dumping!