GREY:HRIVF - Post by User
Post by
glorieuxon May 26, 2009 10:49pm
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Post# 16018560
I am keeping my eye on Cormark
I am keeping my eye on Cormarkaka Sprott. They have been the drivers of both run ups lately. They were doing well taking the stock from 15 cents to 23 in 3 days of heavy trading, just to have that low ball offer come in and shake the tree. Those who do not know what we are sitting on sold, some as low as .17 - thanks (some people just should not be investors, get a good mutual fund and you will sleep better-and lose less money), they took a few days to think about it, probably called Severstal for a chit chat and then resumed buying today with their last purchase for 325k shares at 0.22. My guess is they are not done accumulating. We will see what tomorrow brings. In the meantime, look at Cormark purchases in the last week or so:
They have spent 875k dollars to aggressively accumulate 4.666M shares. Anyone here think they are done??
Glorieux