GRAND POWER LOGISTICS GROUP INC. V.GPW

More shares repurchased at 5.5 cents

[jlunmin]

https://canadianinsider.com/node/7?menu_tickersearch=gpw

152K in total, on top of the 502K a few weeks ago. They are moving up their bid, providing support and liquidity for shareholders. This is going to provide more people incentive to buy while the ask is quite thin. Watch for a breakout soon. Lakeside, are you still going to stick with your bet that no one is interested? Not a lot of volume but the bid has been moving up and what volume there is has been taken off the ask.

[lakeside03]

I am sticking with my claim. When you have no buyers of a stock other than the company itself.....what does that tell you. To me ..it creates a false market. 

[jlunmin]

The first person in the world who can spin a buy back as a bad thing, wow. And in case you haven't noticed, the majority of the buys have not come from house 95. house 7 has been front running them as they move up the bid. Time Price Shares Change Exch/Mkt Buyer Seller 02/05/2015 12:47 PM EST 0.07

[lakeside03]

What's the matter ...don't want to put up the ask side? Asks Price Size Time of Order 0.0700 173,000 03:29:06 0.0750 17,000 03:29:06 0.0850 75,000 10:36:06 0.0900 41,000 03:29:06 0.0950 5,000 03:29

[jlunmin]

Nothing is the matter. Did you see me put up the bid side? I mentioned a bid by the company at 5.5 then 6 cents and followed that up with trades that took place. I did not put up Level 2. All you are doing is tipping your own bias because you did not put up the level 2 bids.