GREY:WFREF - Post by User
Comment by
uogradon Feb 19, 2016 4:04pm
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Post# 24576426
RE:FEC & CIBC little guy
RE:FEC & CIBC little guy
I doubt that FEC bought at .35 to then sell at .37. If they bought they would hold it until the deal is done.
What is more likely is a large investor has got margin called on something else like say Encana for example and is having to liquidate their position here to cover the margin call.