SunOpta for Serious Investors - West Face Capital big buyer, now at 11.5% - SunOpta for Serious Investors - InvestorVillage
SunOpta for Serious Investors (related stock STKL)
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Msg  747 of 763  at  2/28/2012 10:15:37 PM  by

Sweetheart


 In response to msg 746 by  Betterluckythangood
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Re: West Face Capital big buyer, now at 11.5%

Good to see you posting still, BLTG. Although the stock did rise about a buck during West Face/Boland's buying perhaps the fact that the buying occured during a time of historically high short interest prevented a further rise ... and the buying was not quite enough to cause much of a squeeze. Also, i know you have insight into this but what did Fidelity do during the period. I think they shed about 500,000 shares last period. Did that continue?

How do you view the current re-org? Do you think they did this to appease Boland? He turned over some apple carts at Maple Leaf foods a couple of years ago, waged a proxy fight and got a seat on the board. What do you see happening here?

West Face increasing their holdings by 50% and holding around 11% of the company is about the only compelling thing about STKL these days, imho.


 
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