Bullboard - Stock Discussion Forum iShares S&P/TSX Capped Consumer Staples Index ETF T.XST

Alternate Symbol(s): ISTIF

The investment objective of the Fund is to provide long term capital growth by replicating, to the extent possible, the performance of the S&P TSX Capped Consumer Staples Index the Index, net of expenses. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly... see more

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iShares S&P/TSX Capped Consumer Staples Index ETF > There's smoke.

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Post by roboman on Dec 02, 1999 9:50pm

There's smoke.

Heard about this one today from one of my brokers from Calgary. Says there is something happening with two potential dance partners. For the last week everything that turned up cheap was cleaned out quickly and since then there has been less than 25k offered and about 100k bid. All of a sudden they go from an average of 0 - 20 thou volume to 140k. I followed it today and there was never more than 20 to 30k for sale at anytime. Today they did what appears to be the largest volume day they have had (they only have a couple million free trading out there), the stock closed up .14 @ .38, an all time high. The company says that they have nothing to report at this time except the previous annoucement about the AGM and major vote later this month. There is one rumour about them being very close with a North American manufacturer, but no details are available? Is a few more rumours out their but nobody is saying. Anyone else, anything?

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