GREY:CUDBF - Post by User
Post by
stacksavenue604on Oct 06, 2014 5:52pm
![](https://assets.stockhouse.com/kentico-cms/0341-00/images/Sprite.svg#id_Post_Views_Icon)
286 Views
Post# 23003855
The past few days
The past few days
Interesting that the past few days saw such a slide (5 days of consistent red). The question I find myself asking is not who bought 1.8 mill shares today and 3.0 mill on Friday, but who sold and why. With the closing of the PP tomorrow would that not intice everyone to stay on board, especially if they bought in the 40s? I understand people likely had stop losses and paniced etc and that made sense for Friday but not so much for today IMO.
It seems that there was alot of institutional buying (could be wrong) today as well in large share amounts with by passing trades that seem to have kept the price down as close to 25c as possible. Though this makes sense as people would like to get in on the stock as close to the PP price as possible especially institutions as this would eliminate the upper hand for KMDC when it comes to profits, why did this not happen the first time around when the stock shot up to 83c the day before the closing was supposed to happen.
I do not think POP is a dog or a pump and dump as I have been in consistent contact with the company and think that what they are on the brink of doing is stellar, just a few thoughts ive had recently as it seems the intrinsic value of this company is never really realized properly.
Its obvious why the buyers are buying but why are the sellers selling lol... maybe the venture really is that irrational or maybe im missing something?
Just my opinion,
Stackz