Fun with numbers Oct 22.
Fun with numbers.
Another day, 840.000 shares traded
Since Sept 30-2013 10.725.000 shares have traded hands.
That`s almost 17% of the total SIO shares, and that`s not even one month..
People that matters have done:
.
ANON 602.000 Buy 3.182.000 Sell.
Dundee 900.000 Buy 1.137.000 Sell.
TD 855.000 Buy 325.000 Sell.
Raymond James Buy 179.500 Sell.
Desjardins 1,267.000 Buy 130.000 Sell.
Global Maxfin 798.000 Buy 450.000 Sell.
Industrial Alliance Buy 465.000 Sell. All today.
All these numbers from the TSXV only, there were some trades elsewhere,some huge.
Also the M TriAct did over 265.000 in two weeks, very unusual as of lately.
The majority of these shares are 0.10 or under 0.10 and come with huge losses.
That means another step added to the climb, cheap shares=fast profits.
Why the volume ??.
Nothing has happened to change the scxenario, as usual there`s silence from management, and not only are people selling ,somebody is buying, anywhere between 0.08-0.10.
The size of the trades are big,there were 26 trades over 10.000 shares, one for 250.000 from Desjardins, GMP pulled a 200.000 near the end and so on.
It does not look good for a second tranche, even though I imagine they`ll do anything to get some more money in case, but it will have to be done at 0.10, the Caisse made sure of that.
If it were to happen they`ll be paying a premium instead of getting them as a premium, but there`s still time, so who knows.
Still the question of ANON-ANONS, where are they getting their shares ?, the last one million plus was sold at under 0.10 meaning there are not the ones from Routhier`s deal.
Global Maxfin has been accumulating, they got the 1.000.000 from the PP, most likely the 2.500.000 from Routhier, another dubious cross trade of 1 million and they have been buying lately at good prices.
Today`s Industrial Alliance shares, who do they belong to ??, the last chunk from SPROTT ??, as I said SPROTT had 811,000 left in July 2013 and I Alliance sold 465.000 today.
We were dead for a long time..
And now all these things happening, it has to be a reason.
We have more than enough reasons to justify the Bargain Carnival.
Because you just don`t buy things because they are cheap.
Cheers.