GREY:XEPRF - Post by User
Comment by
lavender1on Aug 30, 2007 12:21pm
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Post# 13322862
RE: Scotia loading up
RE: Scotia loading up
Now let's look at this a little more introspectively.....
Scotia is, as you note, is a relatively new participant and has suddenly bought 1 million shares at supposedly depressed prices over a couple of recent days.
They automatically, by your sage reasoning, become vastly more clever than 'Anonymous' who have progressively 'Net Sold' in excess of 9 million shares over a period of 8 months.
Anonymous has, of course, been selling at a range of prices up to the $2.08 high and all the way back down again. Of course, one must never lose sight of the fact that many of those clever traders who bought copious amounts from Anonymous at much higher prices also were confident at the time that they had the inside track, and were infinitely wise....but are now in a significant loss position.
And by the same logical extension....Scotia suddenly has it all figured out and Anonymous....who's pocketed a lot of losers money... doesn't.
Interesting logic.....very interesting!!