OTCPK:EUCTF - Post by User
Comment by
Joseph_Kon Feb 14, 2017 5:35pm
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Post# 25845625
RE:Huge volume for EUO
RE:Huge volume for EUOYes, huge volume. 16.5k at the open, 159k bought at the asking price, 385k being dumped on the bid. At least that is what was traded on the public TSX-V. Toss in another 90k or so on the dark exchanges. Some clown even managed to squeeze out a little squirt at .125 on the so called 'Pure' exchange.
Volume wise, we've had about 1.15M shares moved in the last 4 sessions. I'm starting to wonder if the 3.2M .10s are starting to be exercised and sold. Those expire in a year, so we know they are getting cashed in at some point. If the holders think EUO is going lower in the short term, doing this now might make some kind of sense and explain what is going on here.
Could someone check the current o/s share count to see if this is what has been happening?