Never ending sell order
posted on
Sep 28, 2009 10:46PM
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The market has been discouraged by the seemingly never ending sell order from BMO.During the last week. they have sold about 3 million shares..which has taken the steam away with wonder ….When will it end?
The selling was coming from an estate with about 5 million shares. I have ascertained through mu contacts. It has been attended to and is discontinued after speaking with the families attorney and broker in charge. Their loss will be the buyers gain it seems.The good news is that the market has not crumpled and withered under this intense and unexpected siege.
Unlike other reported newsletters with the inside on just about everything, i find it best to get to know the inside group and develop a relationship which is beneficial to them as well as the sharehplders. For instance, today during my 30 minute talk with the poresident, George Graham i have found out that he was the former opeerations and/gm for the Winnipeg Blue Bombers during the early 80s and had strong ties to the Bud Grant led Minnesota Vikings. George was the one responsible for the mammoth deal that traded Tom Clements for Deiter Brock…among many.
Being manager of the Ukranian towns team meant doing things on the cheap …lol. I know we are in good hands when cash is of short supplky!!!1. Speaking of which, the pp is proceeding well he says and an announcement is due in 10 days time or so. Expect that number to decrease as the price begins to percolate
I will have an update as to the contract with the vendor of the widget hopefully by tomorrow
As you all know my companion wolf, Skinny struggles severly with his hips.We both thank you for your kind and well meant words. Skinny is alive until he is not. i will miss him immensly. ll try to dig up a good pic
See you tomorrow
royrogers