TSX:IBG.DB.E - Post by User
Comment by
HamSandwichon May 05, 2016 6:48pm
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Post# 24846263
RE:RE:nice lil breakout to 52wk highs on ibg....
RE:RE:nice lil breakout to 52wk highs on ibg....Calgaryrider wrote: Make that a 160 week high, but who's counting.... Of interest, check out the value of all the debentures.....almost back to par. Just on the one series: Average Volume: 51,000 Today's Volume: 1.1 Million+ So, 22 times normal volume. Wow. Maybe Fabrice is picking back up those shares he sold at a lower value. May 10th/11th will be wonderful news. I hope everyone had a thorough read of the annual circular/business update on Sedar. Business is booming in the US, East, West (moderate only in Alberta) and Europe (moderate only in the UK). India is also picking up a tonne of steam. IBG is importing work like crazy at an 78 cent loonie. Keep it up, Scott, Dale and team.
The same firm was on both ends of that $1,000,000 debenture trade. That means its almost certainly a shuffling between accounts rather than a trade.
Anyone who is planning on being a long term investor should be on the .DB debenture instead of the common stock right now, the value is so much more compelling if you do the math.