Comment by
lab on Apr 11, 2012 4:17pm
Jitney sold 245,000 shares. There was also two crosses(500,000 shares total) from Cormack.
Comment by
Boolish on Apr 11, 2012 6:44pm
Jitney is usually a BS algo firm. Bot traders. Today it seems they were selling some inventory they were likely stuck with from up above. I too was surprised to see them with an iced offer. It is a unique situation...but they are not a due diligience firm. They trade for pennies/profits. I would not read much into the jitney sell. It is more telling to see GMP buy IMO.
Comment by
VentureTrader1 on Apr 12, 2012 11:09am
Come on Jitney monkeys - there's only 42500 bid at .90 - you can overwhelm that if you try! Never mind the tidal wave of buying that's going through the sector, I'm sure you can buck the trend and keep the downside momentum here if you sell hard enough!
Comment by
explorer14 on Apr 12, 2012 11:18am
It shouldn't be long before they do it There's no way VTR will close on positive territory, NO WAY It won't be aloud by the houses Anymore proofs needed to show you how these markets can be easily rigged Jitney is in total control
Comment by
explorer14 on Apr 12, 2012 3:31pm
Wait until few seconds before the close They might be reloading their guns right now I just wish this relentless selling is over
Comment by
Mick16 on Apr 12, 2012 3:42pm
Isn't capitulation marked by an increased volume? Maybe the relentless selling is the sign that things are about to turn?
Comment by
karead on Apr 13, 2012 10:28am
tracker11, the idea is to buy low, and sell high. have a look at your SLX that you bought at about $1.00. Was the share price high, or was it low at the time? Now look at VTR's share price. is it high, or is it low right now? Most people are distined to making the same mistakes over and over again.
Comment by
VentureTrader1 on Apr 13, 2012 10:51am
Volta also has a shareholder rights plan in place that should help prevent any really nasty take-over scenarios.