RE:RE:RE:RE:RE:RE:News Overdue?3000 bid at $.07 this morning before the open. How long will it last until Desjardins takes them and leaves 17000 or 27000 or 47000 on the ask at $.07? (you get my point)
TD started the selling on November 9. Once the TD accounts appeared to have been emptied, Instinet and Anonymous took over with Desjardins showing up on Friday and continuing into this week.
How many accounts or more importantly, how many shares does this shareholder have to sell? By my calculations, across all markets, this seller has sold more than 6.5 million shares!
And why is $.07 the price that this seller wants to sell at?
And what is the motivation for all this selling especially just ahead of what could be positive drill results?
More questions than answers at this point!
Chip