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Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Comment by run2goldon Feb 14, 2012 2:06pm
223 Views
Post# 19532672

RE: RE: big buys

RE: RE: big buys

Hoosier,

I watched about 130k of the trades go buy in about five minutes.  Every one of them went at or near the ask.  Then the bid/ask both jumped up to 0.92 to 0.94.   The chart shows the trades all going right around 0.92.  So when you say "sell side", if you mean "at the ask", I would agree.  To me that means someone bought a whole bunch at the ask.  Yeah, there was a seller too, as there is in all transactions, but the buyer was the one being aggressive.

Not a big deal, because now the stock is falling again.  Good luck with OLE.

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