RE: GMP Sec - Bought 100,000 block this morning!Imo it's Crazy to short +100k shares on a stock that trades 80k a day only, ANX seems to have a small public float and trades with low volume.. But like you said IQ, whatever it was is a clear signal for things to come shortly.
What I like about the low average volume (Don't get me wrong though, avg volume is creeping upwards in past 2 days), is that this could easily pop .30 cents in a blink of an eye. On news of Pine Cove a 50% increase is a strong possibility. Take this Tuesday as an example: On 143k volume, it popped 6 cents. Just imagine what a 1-2 million trading day would do for the share price.
If you got in at 0.40-0.50, I would say hang tight. You have a double right now, but soon you should have an easy 4x your initial investment.