OTCQX:NTGSF - Post by User
Post by
dollardazeon Apr 09, 2019 2:12pm
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
82 Views
Post# 29603107
Canaccord Selling Dries Up?
Canaccord Selling Dries Up?Since Dec 6, 2018 Canaccord has sold over two million shares. Over a quarter of those shares were sold on March 27, 2019. In the nine trading days since then, Canaccord has not sold a single share. This represents the longest period I've recorded of them not selling.
The second largest seller of the Trenchant Capital Group during that same time period is PI Financial who have sold a net 951,957 shares. Only 22,403 of those (2.4%) have been sold since Dec 27, 2018.
The next largest seller with 200,000 shares is Hampton Securities who sold their last share on Dec 7, 2018.
Could it be that all of the shares from the early financings arranged by Mr. Legg, former president of Golden Predator (and now director of Trenchant) have been exhausted? If so, that removes a long-lasting and persistent selling pressure on the share price.