OTCPK:VGLIF - Post by User
Comment by
IChingon Sep 11, 2007 1:35pm
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Post# 13374576
RE: WHY ARE THE INSIDERS DUMPING?
RE: WHY ARE THE INSIDERS DUMPING?Discovery Capital is not "just" dumping away this stock...they are liquidating ALL their portfolio of stocks before the end of this month as their shareholders have agreed to dissolve the company and distribute proceeds from asset sale. In fact managers of Discovery Capital are buying the company, and are shareholders of this one too. Their shares will find their way in strong hands...perhaps even existing hands.
No need to pump other than regulating the smooth transfer of assets I suppose. Perhaps hired guns to that affect. Why not eh? Its TSX_V after all!