Bullboard - Stock Discussion Forum Eurocontrol Technics Ord EUCTF

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"Eurocontrol Technics Group Inc is a Canada-based company involved in acquisition, development, and commercialization of security, authentication, verification and certification markets. The company through its subsidiaries is engaged in designing, manufacturing, marketing of energy-dispersive X-ray fluorescence (ED-XRF) systems, and developing technology and property that combines two... see more

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Eurocontrol Technics Ord > Pershing Square

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Post by Raptorman2013 on Jan 11, 2017 12:03pm

Pershing Square

Pershing Square just purchased 50K. Good signal if they keep purchasing...

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Comment by frs1960 on Jan 11, 2017 3:33pm

100k now

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Comment by endeavour on Jan 11, 2017 6:51pm

why is it relevant that someone bought 50k or 100k through Pershing in particular?

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Comment by Raptorman2013 on Jan 11, 2017 8:24pm

... because they are a hedge fund. Usually, they don't stop at 100K and if they decided they wanted more, it would certainly help push the stock higher. Also, they tend to be the "smart" money people. I am no expert but most likely it was the company - not a regular joe looking for a broker to process a transaction.

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Comment by kidl2 on Jan 11, 2017 9:51pm

I wouldn't read too much into Pershing. They have been trading in and out of EUO for the last couple of years. On the plus side, it looks like they did so profitably.

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Eurocontrol Technics Ord