Institutional Selling

Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Road_Warrior

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Institutional Selling

posted on Apr 18, 2009 06:00PM

Some American funds sold all of their shares in Connacher while others sold off hundreds of thousands of shares since January 18th. Since March 31st Teinberg Global Asset Management has sold 885,300 shares.

I have no idea which Canadian fund companies have been buying or selling lately. Resolute funds has not filed any new documents on SEDAR to indicate that they have acquired more shares in March or April.