GREY:FNTRF - Post by User
Comment by
michael211on Jun 02, 2011 6:53pm
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Post# 18664730
RE: Interesting Valuation
RE: Interesting Valuationexcellent post, i also found the suspicious sell from house 009, which is BMO, I estimated the amout it dumped is approximately 3000-5000 shares daily, and I remember somebody in this board posted a short position on fdn each month, but i can't find that post now, maybe this is the trick, the MM short fdn first, then dump small shares at market on the bid side, we can see it is effectively push share price down, then it can make money from the short position. Maybe when the MM start recovering their short position, the spring of fdn is coming.
pmrider, can you post the link where we can see the short position for fdn ?
thanks