Gatekeeper Systems Inc V.GSI

Fidelity

[fergus2]

Ramman1, you must be enjoying the news that the giant anaconda, Fidelity, is gliding through the bid and asks and has finally pulled even with you and some others. But size for size, private retail investor versus behemoth, it’s the retail guy I salute, not them, -for acquiring the position earlier and cheaper and with such conviction.  Undoubtedly, Fidelity would prefer a larger gulp, but any move “to back the truck in now” would only send the share price higher. So they must content themselves with the crumbs, those small lots that come to market from time to time.
But their appearance does seem timely, -given such entities don’t like dead money. For them it’s all about momentum. It could suggest we’re close to a Septa announcement or something equally momentous.

[davewho]

We don’t share, sell or trade our research. It’s ours and ours alone. About us (fidelity.ca) Over $145 billion Assets under management

[davewho]

Joe Overdevest There are three key things that I look for in a company that I’m investing in: strong business fundamentals, a management team that’s aligned with shareholder interests, and an attractive valuation. Joined Fidelity 2002 Industry experience 19 years Career experience Director

[Pandora]

I don't claim to understand what I'm talking about but Fidelity is a clearing house and their back room does a lot of trading for small outfits such as Echelon. I know that one, I'm not sure if there are others. Echelon could be doing GSI trades through Fidelity.

[davewho]

hard to say. Institutions have many ways of covering their tracks. Whether the buying is for themselves or for a large client who knows. But regardless someone definately wanted in at this level. What is the reason for that is the question? Maybe Roger or anyone else can post if they are finished or still buying. 

[IDLE_ii]

Fidelity has been at the well EVERY day plucking a respective number of shares each trading day.  I bet it's a good sign DUH! Let's see how they conduct trading for the next few weeks.  In any there is no SELLS to date from Fidelity.

[RogersBulll]

The only firm seemingly buying is Fidelity, already up to 20k shares today.  22 Fidelity 1,081,500 $817,390 0.756

[Ciao]

I doubt that info would have leaked to one privileged party, if it did, it would have likely leaked to others and we would see a move up in the share price in anticipation of anything momentus.  Funds are more patient than retail investors, they'll hold onto dead money if the payback warrants it.