TSX:IBG.DB.E - Post by User
Post by
SweetPeteon Oct 15, 2018 4:39pm
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Post# 28805134
A large seller?
A large seller?There has to be a large seller behind the drastic drop. The sales sure look like they're done by a pro. He lets the stock climb up a bit and then unloads. Hits the bid when qties are large enough. Because of the low volume, it's a very hard trade. Stock is going to stay in the current range until his selling is done. Recent results could have been the catalyst for the large seller to drop his position. But, looking at the recent insider buying, I would be surprised the drop reflects the current valuation for the stock.