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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

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Post by topoftheridge on Aug 27, 2012 5:53pm

Pictet

Was watching the trading today, and was sad to see Pictet selling into the bid this morning, makes me think they are "capping" the price, as I believe they have been buying for a potential suitor for a few months...(i know I am too much into the "conspiracy theories") but then at the close they did all the buying (which again makes me think they are "controllling the price" but acquiring as many as they can.....

 

can anyone post the buys and sells by Pictet for the last 3 or 6 months. (i know some guys can do that)

anyways, is it late August, early Sept or Late Sept for the  resource update?

 

good luck all.

Comment by roadking08 on Aug 27, 2012 6:51pm
You might be on to something top, here are last four months for Pictet. When I copy and paste it does not let me send so I must proove my love to you guys and will type it in like in the seventies. May....bought 107,500 at an average of 0.63 sold nothing June...bought 279,000 at an average of 0.61 and again sold nothing July....bought 120,500 at an average of 0.51 again sold nothing August ..buys ...more  
Comment by roadking08 on Aug 27, 2012 7:26pm
I guess this is what they call homework in the stock market. ..... Pictet top buyer 5 months in a row. April...348,261 at 0.807 and sold nothing March...429,450 at 0.845 and sold nothing I thought I was big with 10,000 shares at a buck and really big when doubled up in high forties.  
Comment by topoftheridge on Aug 27, 2012 7:46pm
thanks for that roadking08, so they bought about 1.25 million shares all "under the radar", which is tough to do with OLE, volume is usually much lower than we have seen in the last week. thanks for that, you go on working on this task, I will search for more info on the second shooter in the Dallas. Seriousily, I think Pictet must be working for "someone" to accumulate, while  ...more  
Comment by RottenEggS on Aug 28, 2012 10:20am
 Sold some on Tuesday then started aggressively selling Friday in and around the 63-65 cent area but no higher, Last weeks tradesFriday15:45:43 T 0.70 0.08 2,000 22 Fidelity 29 Casimir K 15:42:02 T 0.68 0.06 300 44 Jones Gable 65 Goldman E 15:42:02 T 0.68 0.06 2,000 14 ITG 65 Goldman K 15:38:23 T 0.68 0.06 2,500 9 BMO Nesbitt 65 Goldman K 15:29:23 T 0.68 0.06 1,000 14 ITG 99 Jitney K 15:29:23 ...more  
Comment by RottenEggS on Aug 28, 2012 10:34am
 Sold some on Tuesday then started aggressively selling Friday in and around the 63-65 cent area but no higher, Last weeks trades   Friday 15:45:43 T 0.70 0.08 2,000 22 Fidelity 29 Casimir K  15:42:02 T 0.68 0.06 300 44 Jones Gable 65 Goldman E  15:42:02 T 0.68 0.06 2,000 14 ITG 65 Goldman K  15:38:23 T 0.68 0.06 2,500 9 BMO Nesbitt 65 Goldman K  15:29:23 T 0.68 0.06 ...more  
Comment by Goldfather on Aug 28, 2012 11:13am
 Thanks Rotten, RK and Top.... I remember Pictet doing a lot of buying this eyar. Nailati commented then... but now takes a big drop to 59 Ask.... we were all hoping it was on the upswing w/ the 70 cent marks....  any ideas why the drop 2-3 weeks before  the UD coming  out?... i dont get it.
Comment by tony1969 on Aug 28, 2012 11:44am
Hey GF just some profit taking after the Grandich spike.  We should not go much lower here leading up to the resource update.  I would take advantage and buy if it does go into the low .50's to high .40's again. The update should show a substantial increase in ounces and the recent strength in gold does not hurt either.
Comment by Goldfather on Aug 28, 2012 12:04pm
Ok thanks guys.... and i'm trying to egt thru to DS at hq this week.
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