GREY:ZMSPF - Post by User
Comment by
2guyson Aug 06, 2013 10:20am
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Post# 21651438
RE:cross
RE:crossWell, if you're implying that it wasn't a cross between the same house, then that is correct.
It was a cross though between 2 different houses.
The seller was Canaccord and the buyer Credit Suisse.
Canaccord seems to have found a buyer(s) for their client(s) and they seem to be taking a profit. Canaccord will flip anything for a nickel, IMO.
Credit Suisse may be looking for a longer term hold on this. Don't think Canaccord is shorting, but we'll know within the next couple weeks I guess. JMO