RE:RE:RE:Interesting to see BMO holding shares of NOU Youknowwhat,
I am not at all concerned for BMO and the 438,050 shares you suggest they could not sell.
BMO associated minions know full well how to generate good recurring revenue from the facilitation of a prolonged NOU selling short campaign.
BMO buys the tranche of NOU shares, either for itself or on behalf of and for it's fully serviced high net worth clients; then BMO goes about "pledging" a great portion of those NOU shares to thrid parties and such in order to have them generate a consistent recurring stream of ROI from having done so.
Always remember that BMO and many other institutional investors and/or their high net worth clients invariably utilize long dated capital. They can always afford to wait it out through the cycles; and if they don't want to wait it out for whatever reasons, they exit via a coordinated effort during the Q4 tax loss selling season and generate even more downside bias derived ROI by way of third parties and others who would buy up what they are putting down and hold that position for just over 30 market open days. Then they re-enter the position at a much lower price point after having booked the carry forward loss for either themselves or their high net worth clients.