RE:RE:RE:RE:RE:RE:RE:RE:RadioBDMinefinder666 wrote: I am hearing a rumour that there is a seller of several million shares piecing out paper into the market through Canaccord. People I know who have bought from anonymous can check the day after the dealer that sold to them and it has been Canaccord. Rumour has it is a retail guy who got in early and has a very low cost base. Once this selling gets churned through, there is not much stock avaiable on the open market and things should start to move higher.
First it was Europac, then it was Anon/Scotia, then it was Anon/Jitney, then Canaccord wide out in the open.
Per HighROI, Anon sold over 25mm over 2 months. So there seems to be multiple sellers.
When it was Anon/Scotia, I thought maybe it was Scotia Resource Fund/1832 Asset Mgmt. The rumor was it was a hedgie forced to liquidate due to margin requirements/calls.
Then when it was Anon/Jitney, I thought maybe it was Till Capital ($TIL). Bill Sheriff at Till was a seed investor in $NXE before the RTO with Clermont Capital. Till uses sophisticated algorithms to scalp profits from stocks that trade on relative volume. I was also suspicious because Jitney is the clearning house for the TriAct dark pool exchange and my observation was that there was a fair amount of volume on TriAct the last several weeks.
Now were getting rumors of a sophisticated retail investor blowing out millions via Canaccord. Anyone know what broker Sheldon Inwentash uses?