Post by
guerreiro on Jan 04, 2011 11:05pm
HLO's 9 MIllion Private Placement placees.
Very interesting; most of the PP taken by the big boys: Pinetree Resource Partnership one Million shares, in addition of what they had picked up 1/2 Million shares a few months ago. RBC Global Precious Metals Fund, two Million and Hudbay Minerals Inc 3,655.000 Million. in addition to the large position they held. ( and 21 hidden placees).
The aforementioned must see opportunity for major profit in future, buying a very cheap stock at a discount with a very high margin of safety.
With such a power house behind HLO !! why is this stock being held back from making a move and with such a thin daily volumes. ( Just pay attention how they close by depressing the stock on a daily basis).
Can someone close to the picture explain, what is the reason behind these activities, I am confused and its amazing how well controlled this stock trades. ( are they planning a major merger or takeout)???. at a cheap price.
Comment by
Fierceleaf on Jan 06, 2011 8:51pm
The entire volume was solely mine today, I ve been moving my bid around all week to try and get a position here. This stock is definatly being held tight. Persoannlly I would take that as a good sign.
Comment by
sweenby on Jan 07, 2011 10:25am
Not hard to get a position just buy it. Lots of stock for sale.