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Sticking with our theme of the GIL CEO's superior 'capital avoidance loss radar' we'd note the following...
  • 1) The percentage of shares held by Canadian institutions accelerated in the back half of 2007, coinciding nicely with the 3.6m shares sold by (Canadian) CEO Chamandy.
  • 2) By the end of December (when stock sales were complete), all analysts still covering the stock today had a Buy rating, and price targets peaked at $48.