RE:RE:RE:Approaching new 52 week low The other possibility is GLDX shareholders are selling shares, arbitrators are buying GLDX and selling GCM short. But, as you say, could just as easily be someone looking to "restrain" GCM's share price and/or some comination of these two things.
However, IF (and that's an if that's growing bigger by the day now) there is another company intending to make an offer for GLDX, the announcement of it is most likely going to cause one heck of a spike in GCM's share price... which will, in effect, quickly diminish the initial "advantage" that any other offer might appear to have.