GREY:ABGFF - Post by User
Comment by
DetVicMackeyon Jan 12, 2011 4:06am
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Post# 17958026
Weird Trading Action
Weird Trading ActionI understand that the OTCBB can be like the wild wild west, but seeing ABGFF open at 0.40 and reaching 1.00 is crazy especially when the main trading exchange for American Bonanza, the TSX, is halted. Even more incredible is the 1.16M share cross around 1.00 and then dropping to 0.50 on just 1250 shares in a matter of 5 minutes. Why all the action? Did the market movers know of a sleeping buy stop order at 1.00 and rob the person(s) asleep at the wheel? Are the market movers trying to influence the TSX exchange by getting BZA to gap up once the halt is lifted?