GREY:COLUF - Post by User
Post by
speckyon Dec 05, 2009 10:30am
809 Views
Post# 16557150
I Can't believe it !!
I Can't believe it !! I would have thought that speculation would have driven this much higher in anticipation of what the future holds.Much different that Bre-x,AQP,LRR,ARU and so on. Maybe the difference is the control placed on the stock by the institutions that own 65%? Then we have 16% Insider ownership? So 20% retail ownership.This is great at the moment for small retail that want in cheap.Volitility seems to be a thing of the past that has been removed by total institutional control in the TSX trades.Wild swings will only be there when insitutions are hungry for more and want to shake more shares loose , In the mean time keeping day traders out which I guess is a good thing