David, you're right ... perhaps some of the confusion comes from me mixing my terminology. I didn't necessarily mean Cannacord was "short". I use the term short interchangeably with sell, just like I will use long to replace buy.
Nonetheless, over the time period stated, Cannacord did sell more shares than they bought. As to the prior months (July, August, September, etc.), I can't comment ... you and I both know that StockWatch (which is where at least, I, get my information) does not have those numbers available.
Sorry if I came across as being negative on DAK, that was not my intention. As I said, perhaps they know something and that is why they are buying ... like you said, perhaps the beginning of the next cycle. At any rate, I also did say previously that I was not offering opinion, merely adding to the info you presented.
For disclosure purposes, I am long DAK at $0.39.
Best regards and wishes for a prosperous 1997 to all!
Richard |
