01-15-2015, 03:58 AM
CAC
My thoughts. It could be as simple as blood in the water short sellers and margin players. They know the Chandler’s sell has created both fear and uncertainty. Why did he sell and will he sell more? I don’t know Chandler, but in the past when he filed with SEDI he was done for a while. A 10% trim in his holdings might be it…for now. Why did he sell? I doubt it was margin calls, rather other investment opportunities. How many people do you know have the balls and the ability to buy Real Estate in Russia with US$ vs. a destroyed Russian Ruble? IOC is and always has been a SMID cap stock with a tight float that has caused outside moves both up and down.