GREY:CXEYF - Post by User
Post by
JohnnyOilon Jun 20, 2008 2:38pm
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Post# 15210312
Fun To Watch The Trading
Fun To Watch The TradingParadigm is like a wiley old cat, letting the asks build and then it takes out 50,000 shares (but not the whole Ask Lots). Then they let it build again, sometimes selling down to give the appearance of weakness to accelerate the number of Ask Lots being put up, and then they take them all out. The just got trumped by Cormark Secuities who just took out 30,000 shares at .95. It will be interesting to see if they eventually go for that 100,000 + at $.96. There is no question they want them, it's just a matter of trying to create the illusion of no demand so that they can accumulate even more under $1.
On a positive note, the stock is very well supported at these levels. If someone does try to unload (which has happened the past couple of days) Paradigm takes them all.