According to the stats on Reuters today on institutional investors it looks as if they have sold off 1,537,049 common shares today. There appears to be one institutional investor less and 7 institutionals have reduced their holdings while 9 increased their positions. So is this all tax selling season as some of the institutionals reduce their holdings while others acquire more shares as they are optimistic about Algar's opening in just 4 months? Time will tell. History seems to indicate that every time there is a share upturn in Connacher it is followed by a downturn (at which point we all get an opportunity to buy more shares). http://www.reuters.com/finance/stocks/institutionalHolders?symbol=CLL.TO
Monday, November 23, 2009
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% Shares Owned:
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39.43%
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# New Positions:
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3
|
|
# of Holders:
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37
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# Closed Positions:
|
2
|
|
Total Shares Held:
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168,270,915
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# Increased Positions:
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9
|
|
3 Mo. Net Change:
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-5,196,833
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# Reduced Positions:
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6
|
|
|
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# Net Buyers:
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3
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Wednesday, December 2, 2009
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% Shares Owned:
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39.03%
|
# New Positions:
|
3
|
|
# of Holders:
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36
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# Closed Positions:
|
3
|
|
Total Shares Held:
|
166,733,866
|
# Increased Positions:
|
9
|
|
3 Mo. Net Change:
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-5,575,874
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# Reduced Positions:
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7
|
| |
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# Net Buyers:
|
2
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Live long and prosper; Scott
