Bullboard - Stock Discussion Forum CAN FINANCIALS INCOME CORP T.FIC

Financial Services Asset Management

"Can-Financials Income Corp is a mutual fund corporation. Its investment objective is to provide shareholders with quarterly distributions; the opportunity for capital appreciation and lower overall volatility of Portfolio returns."

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CAN FINANCIALS INCOME CORP > Trading

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Post by fireshot on Apr 16, 2007 5:09pm

Trading

here's something to think about, did anyone think that maybe a trader (79) intended to get this halted? for example, there's two sequences of trades the day FIC was halted - first for 190k, the second for 70k - personally, i believe someone wanted FIC to get halted (obviously, had this been a company they would have gone about this in a much smarter way) to attract attention for a quick flip. also, if you look at who is making the other side of these trades at 0.08-0.10 range, (guess who) from the same brokerage house as the original buyer (79). tread carefully...

110

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Comment by 8PITBULL on Apr 16, 2007 7:10pm

There is no reason why a trader would buy this to get it halted. It was bought up all the way to ten with heavy heavy bids at ten and 11, and maybe only 100k on the ask, so in essence your theory is shot down. Financing is on the way.

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