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Stream Oil & Gas Ltd SOGAF



GREY:SOGAF - Post by User

Comment by Bobwinson Mar 11, 2013 11:50am
177 Views
Post# 21110557

RE: RE: Alls quiet, you can't even hear a mouse

RE: RE: Alls quiet, you can't even hear a mouse

He has a huge position in Stream and he's trading the stock.  The stock is not liquid so his transactions constitute a fair percentage of daily volume.  No idea whether he's trying to accumulate or dispose of his shares but with his position, it's hard for him to move one way or another without affecting the price.  Since the price is up over the past several months, I'm guessing he's gradually accumulating.  Due to the size of his position, we get to see his trades in hindsight.  

His big position is a blessing and a curse.  He has provided some trading volume on both sides and like I said, the price is trending up so that's good.  One the curse side, if he ever decides he hates Stream, we are all in trouble.

Hopefully, he is like the rest of us and thinks there is big potential here and will hold most of his shares for the long haul.   

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