GREY:AVGCF - Post by User
Post by
Braincells13on Mar 28, 2011 10:17pm
429 Views
Post# 18353279
Who's buying ?
Who's buying ?A lot of shares were bought lately.. I did not calculate the exact number but it should be around 5M shares. That is today only:
Toronto Stock Exchange
Company Name : Avion Gold Corporation
Last Updated: March 28, 2011
Date
Symbol
Insider
Buys
Volume
Insider
Sells
Volume
Insider
Buys
Value $
Insider
Sells
Value $
Insider
Buys
Transaction
Insider
Sells
Transaction
Currency
03/28/2011
AVR
470,600
0
773,828.00
0.00
3
0
CAD
No fillings yet, but my guess is that the buyer is not part of the management team as a lot of shares were bought few days before releasing the earnings result. Therefore, it has to be an institutional buyer. AVR is a potential target, I see here a lot of reward. My guess is that POG should increase this week, which will help the share price.
Just my opinion.