TSXV:EGA.H - Post by User
Comment by
51Spliton Mar 21, 2011 2:32pm
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RE: RE: RE: RE: RE: Not sure if this is a good thi
RE: RE: RE: RE: RE: Not sure if this is a good thi"In December it took off big-time with a large 13 cent institutional bought deal and flew to 42 cents on many millions of shares in volume. APM shareholders saw this happen and bet the same sort of things could happen with APM."
I saw exactly this happen with one of the tech stocks I watch. The stock was so thinly traded, it would go days with zero trades. Then a pension fund stared buying as much as 4-5% of the outstanding stock, each day for 2 weeks. It drove the price up by 50%, then the fund stopped buying.