Morguard Corp T.MRC

Timberrrr

[Northforce13]

Price keeps dropping and the big seller keeps following it down...

Big seller now taking buys at 136.50 + not getting much volume

Pretty fascinating to watch

Reduced volume might be attributable to people sitting on the sidelines waiting to buy but worried that the bloodletting isn't over

Wish I knew what the motivation of the seller is, it almost looks like forced selling from a margin call or something similar

[WEBuffettisbest]

Might also be institution quarter dressing, if so today is the last day. It is interesting

[WEBuffettisbest]

Whoever is selling seems to have some urgency to it, ask at 136

[mariorizzi]

Volume has increased by about 15k per day over the last 10 days. I don't have the exact data, but it looks liike RBC might have unloaded over 100k shares, maybe as high as 150k. It amounts to a dollar volume of about $14 million to $20 million. It is not huge when considering the company's size, but in such a short period it is obviously influencing the price, negatively. Few funds or

[pierrelebel]

Beready for a quick bounce back.  It appears the selling from RBC is finally over.

[pierrelebel]

Bouncing back from $130.50 (last sale by RBC at 1:31pm) to $136.40 currently. I am glad we purchased today at the bargain price.

[NotDrake]

I did a buy at 1:35pm for $134.30, wonder if RBC is selling to me from their own inventory as it often doesn't seem to register on the exchange activity (or maybe not immediately).