RE: RE: Maybe this will create some interestD&D hasn't been selling or buying under D&D for some time. At least not under their symbols. Perhaps under anonymous? They were on a feeding frenzy last year.
Loewen's clients are pretty much on a daily buy. Consistent.
I believe D&D has a substantial bundle of the stock being held by their clients as does Loewen and Jennings. I can't see, with D&D's optimistic view, that their clients are responsible for the present sell off.
I suspect that the continuous selling by anonymous K for the past 3 weeks is AGF reducing their holdings in which they inadvertantly acquired over 10% of the company due to warrants and had to make a declaration to SEDAR.
That is my personal feeling with no basis other than speculation. Hopefully if it is, they will soon be through and file a material change once again announcing they no longer hold that %. That should stop the downtrend on the SP.
Aside from Anonymous continuously putting shares out there, there really isn't a lot of shares offered by retailers and there is a growing pressure from below on the bid.
I don't think it will take much to have the buy bite back on. Perhaps news of certification and resulting solid contracts. The company is being very quiet at the moment, maybe too quiet. Hopefully that is leading to good news.
If Carten believes this company can reach $100 million in earnings within the next 3 years, it should be making at least 25% of that within the next year.
IMHO.
GLTA