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Centric Energy Corp V.CTE



TSXV:CTE - Post by User

Post by Torchieon Nov 29, 2010 9:39pm
733 Views
Post# 17773963

Trading

TradingThis deal doesn't get me all excited and it does make me wonder about several things .
  The share price soared at the open -made sense and after everything settled down there was a large sell order of 800,000 @.60 which stayed quite a while / it was aprox 4 orders which "just" happened to all move at the same time to the .56 cent level which created a wall which stood up most of the remainder of the day.
 Makes one wonder?????
Then there were people counting cash .001 for 1 poster / .0001 for another and then I posted the stockwatch news I recieved stating .01 ------not that any of that matters really.
Then we have a poster stating he was selling his shares etc etc etc ----which made me try to understand the thinking --I still don't understand but everyone to their own --none of my business, guaranteed and I wish them well.
Now if someone wanted to sell in the afternoon today it would have been @.55 or less all because of that .56 mini wall -----------THIS LOOKED ALL STRANGE TO ME.----Someone has something in mind??????
I think I will ride this out as I don't see much of a downside happening in the next few months.
The way I see it "if"AOI share price moves --I suspect CTE will move accordingly --my opinion only.
I believe we would have achieved these prices easily without any buyout or??
And last of all ------WHY announce this prior to Dec 16th Court date ??????
Maybe I am missing something which is quite possible but this deal makes one wonder for sure.
           GLTA
                   
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