GREY:ECCMF - Post by User
Comment by
kanadakaon Oct 26, 2010 9:11pm
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RE: Anonymous finishing off?
RE: Anonymous finishing off?Well 9.5 million traded in last three days a good majority at current prices. No matter who anon is they cant have an infinate number of shares with roughly 30 million shares out thats around 33 percent changing hands in 3 days. I have not seen this kind of percentage turnover in this short of time on anything i have been watching in 20 years especially given no news, The fact that the price has remained at near 52 week highs for this amount of turnover in shares suprises me and leads me to believe something is going on behind the scenes maybe in the form of another company's interest in EMI but thats just guessing because this seems so uncommon to me. No insider reports have been filed recently so I guess we shall wait and see. Interesting to say the least and positive that the price held up on this anon selling pressure a cent or two is nothing.