OTCQX:GTBAF - Post by User
Comment by
captainpooby1on Nov 04, 2019 7:43am
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Post# 30304347
RE:IT
RE:ITbirdbuild99 wrote: Nov 3/19 | Nov 1/19 | McEwen, Robert R. | Indirect Ownership | Common Shares | 10 - Disposition in the public market | -66,900 | $7.02 |
Nov 3/19 | Oct 31/19 | McEwen, Robert R. | Indirect Ownership | Common Shares | 10 - Disposition in the public market | -177,800 | $7.02 |
Nov 3/19 | Oct 30/19 | McEwen, Robert R. | Indirect Ownership | Common Shares | 10 - Disposition in the public market | -114,700 | $7.16 |
Oc |
Maybe Mr McEwen is putting together a takeover bid and he needs to keep the share price down.
Could be for tax purposes too. Maybe he wants to take the capital gains hit in the current year because he has other losses to offset it. He’s trickli the sells out so as not to kill the price.