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Message: Re: Sheldon Inwentash
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Oct 16, 2013 07:42PM

Well nobody likes to see Sheldon selling and it's never a good sign. That being said he wasn't hitting the sell button to hard today. Lets hope he's not willing to sell at lower prices or that he got what he wanted. People sell for many different reasons and we see it all the time. Tax loss selling this time of the year, selling into another account distribution (rrsp, wifes acc, etc. at these low prices for tax benefits) money to take advantage of a better prospect, cash to take all the family on a big holiday who knows. Lets hope it's not because he's lost confidence in POET..... That being the case i think he would have been selling harder today like he did before. Retail hasn't paniced yet but if SI keeps selling that could change quickly. We will see. This should be a heads up call for management to give us something and have a chat with Sheldon. The sp has gone low enough. Time to get it moving north again and looks like only one way that's going to happen.

The balls in your court POET.


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