Remember these two days
2/6/12 | 0.83 | 0.91 | 0.78 | 0.83 | 6,963,487 | 0.02 | 2.47% | 0.83 |
2/3/12 | 0.66 | 0.85 | 0.66 | 0.81 | 10,011,196 | 0.17 | 26.56% | 0.81 |
Feb 3rd and feb 6th 2012 very high volume days!
Now on feb 14th 2012 this was released
As previously announced, Intertainment Media Inc. continues to move forward with its plans to "spin out" Ortsbo as an independent structure for listing on senior Exchanges in Canada and the United States. As part of the "spin out" transaction, Management of Intertainment has proposed that shareholders, as of a determined record date, will receive a distribution of up to 30% of Intertainment's value of the proposed spin out. This transaction will be subject to all applicable board, shareholder and regulatory approvals. The Company expects to provide further updates throughout February 2012.
8 days later above was released!
Now what I wanna know why the friday and monday were such high volume days without news could of been shorts covered?
They knew this month we get our spin off date?
Why was there a spike ???
hmmm....