Wednesday, February 01, 2012 9:43:53 PM
But we happen to have had two Canaccord sells today. One of 20K, and one of 15K. And so, of course, we have another 'unannounced PP' conspiracy theorist.
first off, Cannaccord is a retail broker. They have, according to their own website, 115 retail brokers, executing for 1000's of clients. While I don't dispute that the occasional PP might be frontrun, it stands to reason that the practice is not company policy, or Cannaccord would be shunned. There are the 'Howe Street Whores' who wink at the practice, but good CO's despise it. Cannaccord is hardly the furtive 'Vampire Squid' of BB imagination.
One buyer today, at 5500, was Cannaccord.
As to delays morphing into 'betrayal, and lies', well. I can only say that if I, myself, find that I'm losing faith in the management of one of my positions, I don't trumpet it all over a board. Nor do I export it to another. I quietly and expeditiously divest.
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