GREY:SCNWF - Post by User
Post by
Shoeon Feb 10, 2005 8:02pm
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Post# 8571852
Volume
VolumeMy thinking of yesterdays trades was that it had to do with this from a prior PR. (The Company has entered into an agreement with Confederation Capital Corporation).
If this was a group to make folks more aware of the company then perhaps the first tranch of the 3 mil shares was crossed in the market yesterday? It looked to me like 1 mil went through albeit not in one block. I say first tranch as above since (agreement) is in the sentence. This implies a period of time or amount of service, which in turn hopefully implies performance.
Do they have to cross this in the market? Or was it the group placing certain amounts of said? I know when a PP is done there is no need for a cross.
At any rate todays action makes sense given what transpired yesterday.
An upturning
Shoe