Hi Frank, if you've been following the thread for a while you probably saw one of my last posts
exchange2000.com
When any one seller dumps over 50% of the total volume traded on a consistent basis, day after day. You must ask a couple of questions...
Why is he selling? DES says he has established that it is a fund that is being completely sold out.
What is a fair price for this stock once levesque is done selling, and a major dumper of the stock is no longer dumping?
If its not a fund being discontinued, than what does this guy know that we don't know?
also, many brokers, Dominion, Greenline, etc are selling as well, but they are also buying, obviously on behalf of many different clients. Levesque has not done any buying in the last 16 days, during a time in which they have dumped over 500,000 shares. This leads me to assume that they are selling for a single interest.
If you trade Canadian stock regularly you should subscribe to Canada Stockwatch
canada-stockwatch.com
It will give you market depth, who's trading, news, realtime quotes etc. I pay about $50 Canadian a month for market depth and realtime quotes on TSE, ASE. Other quotes are delayed 15 min, but you can get a realtime quote on demand for $.05.
Check it out
Jay |
