TSXV:CAV.H - Post by User
Post by
dgh7on May 12, 2012 10:53pm
476 Views
Post# 19903267
JPMorgan and the big boys
JPMorgan and the big boys In my March 25th post I remarked that JPMorgan held 27.8 million Baja shares within several subordinate mutual funds. I also noted that Manulife held an aggregate of 50 million Baja shares. Add JPMorgan and Manulife positions together and you actually get some ten million shares more than that held by Mount Kellett.
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=BAJ&t=LIST&m=30856275&l=0&pd=0&r=0
I wonder if either JPMorgan or Manulife has sold any Baja shares since the April 3rd special meeting. See where I am coming from? Unless these two large shareholders are in collusion with Mount Kellett (heaven forbid), it follows as day follows night and night follows day, that what ever harm may come to us small retail shareholders from future actions by Mount Kellett, that harm will reach JPMorgan and Manulife first and in spades. Is that what is called negative leverage by the big boys on Howe Street, Bay Street and Wall Street?
Gee, gosh, golly, holy mackerel, I am feeling better already!
Signed,
Kilroy was here.