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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > How bout 2.3 mil !
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Post by Goldfather on Jun 29, 2011 11:46am

How bout 2.3 mil !

volume s crazy.... somtheings Up !
Comment by goldn1 on Jun 29, 2011 11:51am
GF:That was one trade with absolutely no price moving. Must have been a arranged purchase/sale. I don't get Level 2 in Canada, but it would be nice to know who was behind that trade...G1
Comment by newfie36 on Jun 29, 2011 1:04pm
 Tollcross sold and bought same 240,000 shares at 10:06am at .90 hen at 11:20 Cormack securites sold and both same 1,974,500 shares at .90. Anyone have any idea why they would do this. Are they trying to draw attention to the stock?
Comment by sueron on Jun 29, 2011 1:05pm
Sorry tried to post ..It was 73 Cormark.GLTA.Ron
Comment by adit123 on Jul 02, 2011 12:35am
I doubt "attention" because anyone can see the same buyer and seller. I have read that when this happens it is often because they are changing shares internally between accounts and have to sell-buy to make it legal. But for what underlying purpose I would not guess.
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