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Bullboard - Stock Discussion Forum American Bonanza Gold Corp ABGFF

GREY:ABGFF - Post Discussion

American Bonanza Gold Corp > 2.8 MILLION shares
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Post by mattbigham on Jan 21, 2011 10:19am

2.8 MILLION shares

What happened there?

9 times the daily volume just traded in a blink of an eye.

.35 should have marked the bottom with the financing @ .35 but technically .325 was a possibility so it looks like astute purchasing there.

Financing closes today so it looks like the sellers selling yesterday sold a day too early.

I am going to buy me a big jug of whiskey.
Comment by agmetalhead on Jan 21, 2011 10:22am
Large block was a cross trade between Wellington and Wellington... 
Comment by quat on Jan 21, 2011 10:23am
The 2 million plus was from Wellington.They did the financing so they sold to a pre-arranged clientquat
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