RE:RE:RE:RE:RE:RE:HedgeTradergun wrote: exactly gibbons position held Claret Asset Management 4.3M SHARES.
Black Rock 2.1M shares
AS of Sept 30 they added 400k shares to thier positions these are the real holders.
I simply used Beacon as they were the first name to come to mind. So replace Beacon with Claret Asset Management and my post remains the same.
The same old message that the institutions don't have there pockets filled yet is getting really lame. So how do they get there pockets filled with microcap trading volume daily?
It's easy, run the stock up and entise sellers to let go of their shares. They will pay a higher price, (which they can afford) and it will create the trading volume needed to do so.
They can also do the reverse after a run up rally and snag more shares on the way down taking out stop losses, we have all seen this practice many times.
If Crawford believes the shares are undervalued, then implement an NCIB and buy back shares, another way to create value and trading volume.