GREY:SBIYF - Post by User
Comment by
Nemesis01on Mar 03, 2010 2:37pm
270 Views
Post# 16839254
RE: RE: GLA Sonova first sale?
RE: RE: GLA Sonova first sale?I couldn't agree more Luxor63.
In reference to our posts on January 28th, GMP was dumping 500 shares every couple of minutes for 3 days to crush the share price with constant selling from
.27 to
.19 when they were done. Did they know they were taking part in a private placement at
.175?
We now know why they were selling because they needed to justify a 57% premium on the private placement when this news broke. It's much easier to explain a placement price of
.175 when the shares are trading at
.20 instead of
.27.
Just saying!
GLTA