GREY:RNKLF - Post by User
Post by
RallyOptimiston Sep 25, 2018 11:03pm
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Post# 28689918
Instituitional Investor Theory
Instituitional Investor Theory
The last bid made for the day was for 0.72 / 4400. The last ask made for the day wasfor 0.74 / 548. The size of the bid seems to suggest an institutional investor. There seems to be an effort to try to drag the stock down.
I am not sure how Sprott fits into all of this but I found it strange that on Friday he made a relatively small purchase of RNX to bring it to over the 10 percent threshold for declaration purposes. If anyone has any ideas please let me know?