GREY:VITFF - Post by User
Comment by
Windrunneron Jan 12, 2007 1:07pm
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Post# 12006101
RE: buyer and seller request
RE: buyer and seller requestThanks Bemabeamer
It does tell me the houses involved in the financing and I'll bet their clients were not too happy with the past performance which will make it hard for them to try again. The houses I'm sure made huge money on the financing. Hopefully they will not be part of the next financing and VIT can find a different source for financing ie PM mutual funds.
The reason for knowing who's buying and selling is if those houses are buying back from those disgruntled clients into their own house accounts. As I mentioned before their analysts know better than anyone how good the results are.
As you pointed out the next drill results will send the demand higher, the houses will also create the demand within their own clientele, again clear their accounts and collect the commissions from their clients. Win win for the brokerages. Market depth would still be interesting to see.
Cheers