It was bantered about before, but couldnt Teck have used Stifel ?
They were swift in buying but never got to the 10% disclosure amount.
Whoever it is they will not lose a dime on this play at their 2.40 or so avg, they were privy to a lot more info than anyone on here (no offense to the All Star cast of posters we have) but lets face it, when you decide to hit the bid each and every day at the market open as Stifel did for weeks on end, your confidence would need to be quite high, if not guaranteed.
The other thing regarding Stifel, would they not have published a report yet if they bought for their own firm ? Coverage ? Would they not want that to be drawn up for all their clients ?
The buy-out price is time sensitive...if the insiders would except anything less than 3 bucks, we would be gone by now.
JL