RE: RE: Shorter or What? Next to pizzamans post why would any investor as seasoned as Inwentash or even as a rooky like anybody else buy:
| Nov 1/12 | Oct 31/12 | Inwentash, Sheldon | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 24,500 | $1.31 |
| Oct 31/12 | Oct 29/12 | Inwentash, Sheldon | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 25,000 | $1.27 |
at least 50,000 shares and sell it at a huge loss a little more than a month later together with shares he bought at much higher prices ($3 +++). If he sold those shares it is probably to himself in another account, to Pinetree or someplace where he is still in control. Don't you think. It wouldn't make much sense otherwise.
If the above is wrong, it could only make sense if he has FN contacts (who turn negative on the project) and he knows more than management who bought shares just recently as well. highly doubt that. We'll see. Nervous nellies and tax loss must have sold almost all by now. Happy holidays!