TSXV:FGC.H - Post by User
Comment by
rockhead7on Feb 27, 2021 11:01am
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Post# 32678737
RE:I will never understanding - Anonymous buying and selling
RE:I will never understanding - Anonymous buying and sellingImagine you have a client who has a significant holding in a juniour-and that client is losing faith but doesn't want that fact to be known. If management is aware, and they usually are, of who the client deals through they will know when he starts to sell. By jitney selling you can conceal your firms identity and protect, temporariy, the clients confidentiality. Of course, when proxies are needed and your client has no stock left to vote thats when the shouting starts! It happens in resverse when an investor is trying to build a position without scaring existing management.