GREY:HRIVF - Post by User
Post by
cjsellon Feb 09, 2011 1:28pm
589 Views
Post# 18102859
CIBC starting to turn
CIBC starting to turnI have been watching all moring, and buying. House CIBC has done 90% of the selling and 25% of the buying, and the buying has been happeing for the last hour.
All of the other trading is just noise. CIBC has been power selling for the past couple of months. I kind of suspect they are scaring the crap out of retail traders and keeping the price in range bounds. We will know by Friday how the IPO went. Personally I hope Mordashov and his team chokes. HRG will if anything sell at a premium when compared to the other assets Nord Gold has. Biggest single producer, best new mine coming on stream.
CJ
| 79 CIBC |
587,945 |
685,295 |
1.166 |
1,655,100 |
1,947,146 |
1.176 |
-1,067,155 |
1,261,851 |