GREY:HREIF - Post by User
Comment by
borne2runon Aug 13, 2014 4:33pm
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Post# 22838654
RE:Derek Warren of Morguard said sell in July....ahhah
RE:Derek Warren of Morguard said sell in July....ahhah
wolf,
Derek sold his shares because he didn't like some of the actions taken by senior management.
He believed that the changes were to their benefit and not the shareholders.
For professional money managers, that is a good enough reason to dump a stock.
However, I didn't delve into all the details, so I don't know how big a deal the changes were.
Derek may have sold based on principle and not because of any significant impact to the interests of the shareholders.
If so, he may be kicking himself today.