RE:RE:Maybe ... bmbruce wrote: Renofund wrote: We get some migration over from XBC holders. Maybe. People can be weird though and decide to hold it until they get back to even, not realizing they can get back to even quicker with a better company. Not understanding opportunity cost and letting ego get in the way can erode returns very quickly. Remains to be seen, but will be interesting to watch
another possibility is that those holding both XBC and GRN may be selling GRN to cover XBC that was purchased on margin..
at the end if the day I am not that concered about retail RSP/TFSA/Cash account investors and what they do. They do make up a good portion of holders, but they will do what they do. Folks "loading up" here and there with 500 shares here and 1000 shares there. Some folks have larger positions, but my sense is not many if history is any guide. Perhaps some of the RE funds and small cap funds decide to take a closer look with the cool down in these names and the recent larger drops. Making this a 1-5% postion in a fund is what I am looking for. Those buy programs are very powerful and can almost act as an automatic bid.