Monday, November 9, 2009

Tim Sykes' COT trade, Nov 4, 2009

COT day Tim Sykes trade
On Nov 4, Cott filed a Material Definitive Agreement form with SEC, following a press-release about the offer of new notes on Nov 3. On Nov 4 one could be wondering whether the news is already priced into the market. Although the volume showed increases, there was nothing dramatic. Apparently Tim has resolved the doubts in favor of the stock, buying at $8.66 and selling at $8.88.

No comments:

Post a Comment