Want to know who was doing a bunch of selling? These are from Sedar: As at September 30, 2011, Soros reports that Quantum held 23,752,500 Shares and 4,525,000 Warrants of the Company. Each of the 4,525,000 Warrants expiring June 8, 2013 entitle the holder thereof to acquire one additional Share of the Company at a price of
.30. The Shares held by Quantum represent approximately 13.07%, and the Shares and Warrants, if exercised, represent in aggregate approximately 15.18%, of all outstanding Shares of the Company.
As at December 31, 2011, Soros reports that Quantum held 18,994,500 Shares and 4,525,000 Warrants of the Company.
As at January 31, 2012, Soros reports that Quantum held 2,832,998 common shares ("Shares") and 4,525,000 warrants ("Warrants") of Longford Energy Inc. (the "Company").
So much for the theory of following the smart money in like some were professing. I wonder if they were also following the smart money out!