RE:RE:Canaccord playing with fireenriquesauve
I'm haveing a hard time understanding what your saying.
When Canaccord is selling stock they are either selling shares they have or selling shares they do not have in which case they are shorting.
If they were buying stock they would be adding to their position or covering there Shorts.
The only other way to cover shorts was to cover with the stock purchased on the recent offering.
They may be selling off a large position they have held for some time or shares they just aquiered in the recent offering.
But I do not see how them being on the sell side has them covering shorts. Makes no sence.
Please explain if you have a chance.
cashascars