Post by
Safetrader on Dec 22, 2017 4:13pm
Naser / RBC share unloading
Did some research on the web, Naser sold :
6,376,000 from .51-.67 dates Nov 13-Nov27
7,311,000 from .44-.51 dates Nov 28-Dec 11
It's been another 10 days but again sold a lot of 52M shares he started with.
As per info I got he could still have 15M so another 2 weeks of selling.
What is anoying the SP can't at this moment pick-up. I feel it should move as soon as he's done.
Some retail investors are getting out thinking about probable issues. We just need to keep faith and understand that a commercial investor just made a private deal at .47 for 25M.
Comment by
Safetrader on Dec 22, 2017 4:20pm
RBC is doing a good job of letting the SP breathe and move back up because they probably noticed that retail investor were just getting carried unloading. I will probably add some more in the next couple of weeks each time it comes under .44
Comment by
DrMansoor on Dec 22, 2017 11:23pm
At the closing of yesterday he still own 23m directly and 8m undirect.