Re: RBC reduced it's position in September.......WHY?I am always uncomfortable (to say the least) when I see an important shareholder reducing it's position in a stock I own. As per G's post (unbiased and appreciated, thank you), RBC unloaded 2 million shares in September, this after adding 382K shares not long ago?!?!
According to some analysts and others from the industry, many believe the worst is behind for the company and It is only a question of months before the PHOENIX rises from it's ashes!
RBC has been supporting snc since the begining. After unloading 12m shares last year (Covid could explain in part), they said they still had confidence in the company. Why unload now? Does this have anything to do with their chat with the cfo Jeff Bell in mid-September?
Is there something I'am missing here? I'am open to any educated guess!