Noranda Income Fund Unit T.NIF.UN

RE:Seller

[Finalsay]

There is definitely a large shareholder dumping shares through Morgan Stanley. I can only see the most recent 25 trades through the tsx website so i can't put a number on the volume of this seller but it looks like the majority of all shares whenever I look are sold through morgan stanley. Also interesting that theres someone equally large on the other side of this trade. Anyone watching this stock over the past few months knows there has never been close to enough demand for 200,000 + shares to move in a day without shares plummeting. Unlikely all these shares are being picked up by retail investors that are suddenly interested in this stock. Most retail investors that are interested in this stock are have shares and were probably picking up small amounts here and there while this floated around 1.10. I've seen some shares today go through TD as the buyer, but I think its hard to believe these are mutual fund purchases adding to their current position. Maybe its Extract? Anyone know who their prime broker is?