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CI First Asset U.S. Tactical Sector Allocation Index ETF > will there be a miracle ???

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Post by supercableguy on Jan 13, 2013 7:14pm

will there be a miracle ???

can we expect a BID to appear this week............

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Comment by BayWall on Jan 13, 2013 7:31pm

I'm still waiting for those gut feel block trades. But maybe the two block trades in December were the signal?However, I will settle for any trade at this late stage.

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Comment by supercableguy on Jan 13, 2013 7:40pm

the blocks were probably related to some kind of tax loss................

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Comment by BayWall on Jan 13, 2013 9:34pm

Same broker on both sides. Somebody wanted to keep the shares in the family. Maybe for profit.

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Comment by BayWall on Jan 14, 2013 4:24am

Because there were no bids, a shareholder couldn't sell on the open market to realize a loss for tax purpose. Two options then: 1. Can use Section 50(1) if ITA to claim a full loss, if think CCAA process was the end of Futura. A short explanation to th tax people would suffice. ie: Money owing by Futura is far greater than their assets). If Futura ...more

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CI First Asset U.S. Tactical Sector Allocation Index ETF