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Strategies & Market Trends : Ride the Tiger with CD

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To: Rocket Red who wrote (174703)9/15/2009 2:58:57 PM
From: Veteran98  Read Replies (2) of 313896
 
Re:DMM whoever participated in the private placement back in February I'm not quite sure their agenda was... perhaps they thought that on the day the private placement closed that everything in Ecuador would magically get settled and that they could flip the stock at 200-300% within weeks. Things today look way better then what they did back then and yet Canaccord holders keep selling ?? In any case since the private placement closed Canaccord has sold in excess of 2 million shares so selling pressure from that source should be close to drying up.

Canaccord position in DMM from 3/15/2009 to 9/15/2009

House Bought $Value Ave

33 Canaccord 861,138 3,332,397 3.87

Sold $Value Ave Net
2,175,925 8,383,662 3.85 -1,314,787
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