You can never know why someone sells (or buys) stocks. Everyone should use their own judgement when it comes to buying and selling.
A larger block of stock such as that is a bit odd, particularly in one block, but not unheard of. After all, the float is large, so % wise it isn't that large of a transaction. (Probably the reason we dropped to .0004, but it quickly recovered.)
Don't panic. There has been no indication of any adverse news or developments. (It could just be something as simple as someone needing to free up some cash for another buy they want to execute.)
I'm in for the long haul, so I'm still holding on to my 4.5 million shares of CGFIA stock. (Not a fortune, but it's what I have. Hoping to pay off the mortgage next year with this play.)
Let's see if anyone else sees anything odd.
Ok CGFIA'ers, what's your take on this?
I just hang out here for the fun of it, that
doesn't mean I'm smart.
