RE:AnonymousHighROI wrote: Anonymous who also appears to be selling through Scotia has being selling for some time now on the month and furiously. Almost 60% of the sell volume is these two alone. If you noticed the selling yesterday was almost all dominated by anon including a 500K dump near the close. My understanding is this is an early investor in trouble with other investments. This isn't tiger Realm or Mega as they would have to disclose thankfully as they have many shares. We have traded almost 16.5 M shares on the month. Although not all these will be the fund the large portion are if you have observed the trading pattern. That is almost 10 Million shares. Can't have that many left.
Could be private placement participants shorting against when their shares become free trading late September? Also, some funds may be selling to meet redemptions, or just build cash......