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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Comment by monzieon Aug 31, 2012 10:59am
213 Views
Post# 20284074

RE: Something's going on

RE: Something's going on

"A lot of bidding just took place on the Pref A's and B's. And we know it's not Bradford since he doesn't like those preferreds. Now all preferreds are essentially at the same price which would make sense if the restructure goes through but we haven't seen in practice yet. I think this is a sign that it's turning in favour of a yes vote."

 

Considering it's most likely retail investors, chances are it's just people putting their bets in before the announcement.  Same with the commons, yesterday someone at Questrade bought 900k shares at the ask and today someone at National bank  bought 500k shares at the ask (both pref A and B were also bought today by one or a couple of investors from their National Bank accounts).

Bullboard Posts