Alterra Power MGMXD

Heavy trading

[RDK241t]

Heavy trading today at ~ 170,000 shares.
Before the split that equates to over 1.7M.
Any thoughts on what the catalyst was behind the increase?

[Newstock44]

My thought is that anything under $6.00 is less what the big boy's are willing to put out..(I bought more) Now we are going to have to wait till March to see the Balance sheet for the fourth quarter...well at least we have to look forward to the dividend announcement soon... And of course the American election results could really effect this stock..just my thoughts cheers 4.4 

[materialsgirl]

Heavy trading often follows a major capital raise. Some long term holders may have subscribed with the intention of selling some of their original shares at a price over $6.  Then, bingo, as often happens the share price falls down to 5% or 10% below the public offering discounted price. We need to always be prepared for a 10% to 12% thump whenever there is a new capital offering. The price