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Bullboard - Stock Discussion Forum Tuscany International Drilling Inc T.TID

TSX:TID - Post Discussion

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Post by doggonemad on Jan 23, 2014 1:45pm

CIBC

CIBC dumping confuses me.  There are no Canadian banks in the loan syndicate so don't know how they would be privy to any information about the loan or really care.  No insiders are selling.  So I am thinkin maybe a fund or asset manager that banks with CIBC is unloading.  Maybe change in investment mandate.  Confusing?
Comment by perdikaoilgas on Jan 23, 2014 2:00pm
dog, the selling is derived from : retail investors - momentum traders- stop loss traders- retail investors- momentum- stop loss traders.... these people have been changing roles again and again every day during the last 4 months. from bid to ask from bid to ask and again and again.... this chain is going on as long as they can not "see" the new improved balance sheet (pro forma ...more  
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