Sandvine Net Neutrality and the Unkown
A big investor unloaded its position in SVC after they announced good results last month. Instead of the stock going up it went down until this large block of shares was sucked up by the market. The investor was willing to take a slight loss as they bought a large block at $3.30. Large investors do not like the unknown and the outcome related to Net Neutrality is an unknown. The big investors knows that there is only downside related to the Net Neutrality debate -- there is not upside so why hold the shares and risk a big loss. The shares are gone and the selling pressure has abated. We have seen the shares moving up now without this constant and daily selling pressure. glta SA1