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Re: Sandstone - Dundee Connection

over 14 years ago

in response to Lunch Meat's message

As the TMX still views Goodman as an insider, certain non aggregate holders selling show up as insider transactions. There was 1 insider buy yesterday for 100k shares and 146 transactions on the sell side for 342k shares. Since management is not selling, I would assume it is one of Goodman's desks.

As far as transaction go, Dundee had 1 cross go through yesterday for a 100k and between houses 27 & 52, there were about 150 sell transactions.

So in the world of share price management, Goodman can sell down the stock to a price through one desk where other larger transactions can take place through the non aggregates to lock up more votes for what is essentially one beneficial owner.

http://www.tmxmoney.com/HttpController?GetPage=SearchInsiderTrade&Language=en&Submit=Submit&QuerySymbol=sgr&x=48&y=9