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Crown Point Energy Inc V.CWV

Alternate Symbol(s):  CWVLF

Crown Point Energy Inc. is a Canada-based junior international oil and gas company. The Company is involved in the exploration for, and development and production of petroleum and natural gas in Argentina. The Company’s projects include Cerro de Los Leones, Tierra del Fuego and Chanares Herrados. It has a 100% working interest in the 101,208-acre Cerro de Los Leones Exploration Concession located in the Neuquen Basin. It has a 34.74% non-operating working interest in the Rio Cullen, La Angostura, and Las Violetas Exploitation Concessions in the Austral Basin of Tierra del Fuego, representing a total of 489,000 gross acres (169,880 net acres). It has a 50% non-operating working interest in the Chanares Herrados Exploitation Concession in the Cuyano Basin, representing a total of 10,057 gross acres (5,029 net acres). The Company’s subsidiaries include CanAmericas (Argentina) Energy Ltd. and Crown Point Energia S.A.


TSXV:CWV - Post by User

Bullboard Posts
Post by STVPon Dec 06, 2011 2:42pm
189 Views
Post# 19296368

Computer Trading?

Computer Trading?

Just noticed CWV fell below 90 cents, wow! Checked the history and Morgan Stanley has been selling 500 shares at every 2 minute and 10 seconds interval. Although biggest seller today is Anonymous with 139K net sold. MS only sold 39K but most are sold at 500 shares every 2 minutes and 10 seconds (approximately) - seems like that pattern would indicate computer trading. Makes you wonder if MS is trying to buy back in at lower prices and is trying to get stop loss orders triggered or force some tax loss selling?

 

 

Bullboard Posts