Magna is fast becoming a non issue. In my opinion the have continued to sell their 15% limit on most days. Logical to you and I? Maybe not but that is the model. My calculations indicate they hold between 9 and 12 million shares plus the CN for another 9 million or so.
Give it another month or 2 and they will be a distant nasty memory.
CKA Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held
