OTCQX:CNSNF - Post by User
Comment by
ilafalot2on Sep 19, 2014 8:04pm
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Post# 22954343
RE:Playing both ends
RE:Playing both endsI thought it somewhat odd that Dundee were the sellers of 100,000 shares at 21c, after having been large buyers at 23c.Presumably different client, maybe different office. Stepping back from the detail, what difference does it make if you pay 21c vs 25c if the stock is going to a buck? If it was my hundred grand and I thought that a news release was imminent, I would not be so cautious, but take out the offers just to make sure of the fill. Clearly the answer is that the real players know that the market is so depressed that it is not going to run away from a large order...but still we have the news issue. Got me stumped.