GREY:BNKPF - Post by User
Post by
Kalvin007on Sep 24, 2014 7:50pm
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Post# 22967929
Stock Price Movement!
Stock Price Movement!
It seems like everytime the stock price tries to break out and moves up 5-10% or 5-10 cents, someone comes in and just dumps.
The stock price went from $1.15 to $1.25 last week and someone dumped and brought it down to 1 dollar
Today it moved up to 96 cents and then someone dumped and brought it down to 90 cents
There have also been lots of cross trades - looks like someone is trying to keep the price low and shorting and then using the cross trades to cover there position.
Thoughts?
This can't go one forever and BMO has been the big buyer, soneone is loading up on shares and someone wants to keep the price down, wouldn't be suprises to see this think go much higher once the dumper is finished (ANON) and the holder (BMO) doesn't sell anymore.
Easy double from here to $2 within the next 6-12 months, let's just hope they get Poland organized and increase the NA Assets, wouldn't also be suprised if they build up NA, sold it off and focussed on Poland.
They sold their last property for 147 Million, I think they could do it again, they have lots of cash in the bank and a huge 100 million credit facility with Morgan Stanley.
My guess is that they build up NA again and use the funds to develop Poland and create a monster European Asset.
GLTA IMO
Kalvin