OTCPK:ACOPF - Post by User
Post by
Nikolaion Apr 25, 2007 6:21pm
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Post# 12675343
interesting, 1 seller unloaded 400k sh
interesting, 1 seller unloaded 400k shNo telling what prompted the "anonymous" seller to unload 400,000 shares. That batch of 9 trades at 15:21 total 400,000 exactly, and IMO represents 1 seller tagged as anonymous. There was an assortment of buyers willing to scoop up the cheap shares.
Last Ten Trades Time Price Shares $ Change Buyer Seller
15:21 0.135 236,000 -0.030 Bolder Anonymous
15:21 0.140 40,000 -0.025 Ntl. Bank Fin. Anonymous
15:21 0.140 30,000 -0.025 BMO Nesbitt Anonymous
15:21 0.140 3,000 -0.025 Jones, Gable Anonymous
15:21 0.145 50,000 -0.020 TD Securities Anonymous
15:21 0.145 6,000 -0.020 Canaccord Anonymous
15:21 0.150 10,000 -0.015 TD Securities Anonymous
15:21 0.150 10,000 -0.015 TD Securities Anonymous
15:21 0.150 15,000 -0.015 Ntl. Bank Fin. Anonymous
14:45 0.150 5,000 -0.015 Ntl. Bank Fin. Penson
I believe the drill results will flow slowly over the next few months and the late summer/fall. The stock has been ignored for quite some time which makes it ideal for accumulation at these levels. The sale today could have been anything: an impatient speculator, someone needing to raise cash in a pinch, or perhaps someone trying to raise cash to take advantage of a new pvt. placement. Investing in Action or Aries seems to require much patience and willingness to overlook the decision to split much of the property between the two companies rather than simply amalgamate the whole mess. I think management's decision only makes it more difficult to make an investment decision towards either company, but the value is there and investors will eventually drive prices up.