Big stock position swap Ucore for TItanium
Guys. A little birdie told me a large smart money client at Scotia has been doing a very large swap on a 5:1 basis. Every time he sells 50,000 Ucore he buys 10,000 Tic under 01. Might slow down a bit now that there are no Tic offers left under the 1.20 to $1.25 level. I'm betting he want as much as 1,000,000 TIC so my guess is it will be ongoing for a while until the Titanium stock price gets out of reach.
On another note ......Happy New Year.