RE: A new lowWell times a changing and there is going to be some short term hurt in the Canadian financials. i bought HFD today.
If you don't believe me maybe you shoudl talk to the TD CEO who offloaded pretty well every share he owns. 12.5 million + worth and 2 directors unloaded about 1.5 million each. I attaced his ED Clark main account. Of interst he sold about 10 million $ worth at a price about 20% lower than todays price so he was bearish 20% ago.
HFD will be good for a 20-30% gain and then time to get back out as better ways to make money than trying to short a sector that is = 1/3 of the TSX composite that is so loved by most Canadians.
Security type:: Common Shares CUSIP 891160 50 9 |
Indirect Ownership:: TD Waterhouse Canada Inc - ASDP |
Jun 05/09 | | 47 - Disposition by gift | -4,050 | 57.440 | | | | | | |
Jun 02/09 | | 90 - Change in the nature of ownership | -1,518 | | 4,050 | | | | | |
Jun 02/09 | | 10 - Disposition in the public market | -31,932 | 57.230 | 5,568 | | | | | |
Jun 02/09 | | 51 - Exercise of options | 37,500 | 36.500 | 37,500 | | | | | |
May 12/09 | | 90 - Change in the nature of ownership | -35,914 | | | | | | | |
May 12/09 | | 10 - Disposition in the public market | -201,586 | 48.950 | 35,914 | | | | | |
May 12/09 | | 51 - Exercise of options | 5,700 | 36.500 | 237,500 | | | | | |
May 12/09 | | 51 - Exercise of options | 231,800 | 36.250 | 231,800 | | | | | |
Mar 17/03 | | 00 - Opening Balance-Initial SEDI Report |