RE:RE:Is anyone taking any of this block tradeInteresting...I didn't get this offer through Questrade.
If it is true, I hope they have a limit sell at 20.10, if they are dumping 6% of the float, this is definitely going to drop tomorrow. If the oil price continues to hold and nothing negative comes with the economy COS could stay pinned at $20.10 for most of tomorrow while they dump their shares, otherwise it could fall even further below which should create a buying opportunity.
I doubt they have given up on COS,I agree they are looking to shore up capital based on the large drops in the gold sector overall IMHO.