recent selling Sound familiar? A little too coincidental to me:
This is an excerpt from Peter Grandich's blog last night, the stock he is referring to is Oromin (OLE):
https://www.grandich.com/2012/09/update-48/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+GrandichsBlog+%28The+Grandich+Letter+|+Grandich+Blog%29
In recent days, a seller (Stonecap) has been feeding out shares and from almost three decades in and around this game, the pattern of the selling suggests it may be an order that has to be completed by the end of the third quarter (Friday). Believing this, myself and some others have put bids under the market and some have been filled (I had one in yesterday at $.60 and may put a similar one back in today and/or tomorrow on the assumption that seller may be more motivated as the week comes to a close).