Sue's Blog

Sunday, July 10, 2011

What's up with the Media? Jim Morgan calls VOCM last week on Emera Stock

Here's a post from Sue's Blog in February.

As yet No Answers!

Wednesday, February 16, 2011

Emera Stock - what was with that volume? Check the History!

Also interested in Empire Capital - what's the word on the gold?

Trading Volume of Emera Stock - relevant time frame based on Bloomberg data


November 15th 2010 - days before the deal on the Lower Churchill is announced - and two days before media lock down  -  1,246,148


November 18th 2010 - the day of the announcement - 407,074


November 25th 2010 - the day Danny announces retirement - 465,484


December 02nd 2010 - the day Williams retires - 299,615

 

December 14th 2010 - just 12 days after retirement - when there was speculation in the market that the deal might not be as guaranteed now - 714,214

 

Generally speaking when reviewing the interactive graph of the trading activity - two dates stand out. 


Why did Danny Williams announce he was leaving just 7 days after a proposed deal was put in place with Emera


Why must we do a deal with Emera - if you want fed loan guarantees - why not for the rest


Why are we enriching this publicly traded company in Nova Scotia


Why are we enriching their shareholders - we have to pay for it!

 

 

Emera Inc.

2 comments:

Anonymous said...

These figures, I don't suppose, would have anything to do with Insider Trading by people with a great deal of knowledge on what was about to come down the pipe line?

Crescent Lake said...

Ms Kelland-Dyer, these issues and the lack of transparency on Muskrat Falls are a huge concern. I would like to suggest that those of us who share these concerns work on a plan to get the message out. Frankly, the thought of this project going ahead, as envisioned, scares me immensely!