Compliance Energy Corp CPYCF

2.5 million - ask

[kiskadog]

Quote as of: Aug 07, 2012 03:36:00 PM ET

 

Orders	Shares	Bid	Ask	Shares	Orders
6	133,000	0.085	0.09	2,491,000	3
5	387,000	0.08	0.095	31,000	3
2	14,000	0.075	0.10	10,000	1
3	45,000	0.07	0.13	40,000	1
3	85,000	0.065	0.135	1,000	1

[supra48]

The one order of over two million yesterday has me perplexed. Why on earth would you park such a large order down like that . Why not gradually sell into the bid like most normal sellers as either way it is going to take some time to fill such a large order. Selling at these prices means they have to sell now, unfortunate for them!  A stock like CEC is a great one to add to

[2guys]

I think one has to ask, who the seller is.   There aren't any insiders selling, so it's not insiders.  Actually insiders have bought.   The only large holder(s) of this magnitude are Mineralfields and Prophecy platinum.  MineralFields has been known to sell at a loss as they are holders of Flow Through shares so even at a loss they still have the tax advantage.  

[kiskadog]

Recent Trades - All 10 today Time ET Ex Price Change Volume Buyer Seller Markers 14:14:11 V 0.09 10,000 85 Scotia 9 BMO Nesbitt K 11:28:08 V 0.085 -0.005 2,000 19 Desjardins 28 BBS KW