TSXV:EFV.H - Post by User
Post by
Stoogeon Apr 08, 2015 10:17am
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Post# 23608236
So-Called BIG News but Tiny Trading
So-Called BIG News but Tiny Trading
Following yesterday's dramatic trading halt and news release we managed trading of only $2,600 of shares on the TSX. And this morning, people having had a day to find the wonderful new, there were no buyers lined up at the opening.
If management's strategy is to move up the stock by a cent or two per day with their own trades, that will do just fine. I note a big 100,000 single sell order at the ask. I hope that is a manipulative insider offer, to be removed later today to let the price go above 6.5 cents. let's hope.
Still unresolved is management's INTENTION to go with another private placement. Could the large offer at .065 be there to hold the price down while speculators sign up for the pp at the current low price?