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Lignol Energy Corporation V.LEC



TSXV:LEC - Post by User

Comment by willpellyon Aug 11, 2011 4:35pm
163 Views
Post# 18932891

RE: RE: 60k shares at .17 cents

RE: RE: 60k shares at .17 centsYou know what that David Lyall sale was? $10 says it was a margin call. Market is getting hit pretty badly so, just like everyone else he gets the call, and is forced to liquidate something because he's now overleveraged (Maybe his portfolio manager even did it for him).

Either way, because of the ridiculously small percentage sold out of of his overall holdings, we can deduce that there is very little chance of the sale having to do with the company itself.
So that's that.

Time to pick up more for me. Though I'm a tiny fish, I'm trying to pick up another small chunk at
.135, which would be amazing!
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