Are we expecting the new RE shortly 1-3 wks? The share price should move up in anticipation, so not much time left at these prices.
This is why we are having larger crosses or placements in the right hands. Accumulation has been ongoing for several weeks[months]. I just dont understand where these shares are coming from, there seems to be not shortage of shares. I guess it is the accumalation of previous frizbee exchanges with large plus balances, now they are being picked up. I am impressed how they are able to keep it down while accumalating their positions. Sooner or later they will run out of inventory/shares and will have to buy from the real retail. lol . I do expect our share price to gap up for several days approaching the RE and the $2.00 mark.
Today it was TD's turn to accumulate mostly fed by Scotia. Scotia had been on the buy side previously. It is almost like they had been buying for TD. Maybe next week TD will return the favour and continue buying only to give back to Scotia or maybe it will be Jitney or CIBC. The mighty four or five brokers are champs at this game and they will win and wont stop while there is is still time before the RE.
R