InvestorsHub Logo
Followers 9
Posts 588
Boards Moderated 0
Alias Born 01/05/2010

Re: Pitt77 post# 24076

Saturday, 11/27/2010 5:21:39 PM

Saturday, November 27, 2010 5:21:39 PM

Post# of 24889
Thanks for sending this as a reminder


Not that it really matters as well, but Barclays, and J.P. Morgan continue to be big mm's on Tembec (a small Canadian Company -- relatively speaking). Why? Buyers at almost every technical point, along with Anonymous, BMO, GMP and Desjardins -- Canaccord was also big this week past.

Tembec Warrants

Recent Trades - All 2 today
Time ET Ex Price Change Volume Buyer Seller Markers
13:26:12 T 0.38 -0.05 103 36 Latimer 79 CIBC E
13:17:21 T 0.40 -0.05 2,000 36 Latimer 7 TD Sec KL

Wayzata recently did a Private sale on some of its non-direct warrants ($12.00 exercisable under certain conditions, including a filing of a POR). Identified on SEDAR and Canadian Insider. Why private deal. There are 11 mil;lion warrants o/s.

Close of tembec warrants was $0.40 on Friday. Close of ABWTQ was $0.039 on Friday.

Tembec has yet to formally announce their two transactions pre-announced during conference call).

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.