Rather large block now up at .09I like to follow trading and so noticed today that prior to openning we bounced between bid / ask that ranged from .085 to .09. We opened at .085 and shortly there after a rather large block went up at .09. This can be worrisome at times. Yet the sales that have taken place have been for rather large blocks of shares at .085.
1) Someone has lost faith or has learned something and is trying to get out
2) Someone has faith and has put up a large block to spook others into selling so they can get more and hopefully more at or below .085 and in large blocks
. . . . . . .
PUMA really does need to release some news, not renewals or other BS stuff, but something substantive to allow shareholders to know what is going on. Announcing a 5000 meter drill program and then not follow up with an update, results on trenching, etc is bad form. Especialy given comments that communicated that this program may not have actually been started. Not good when there is this type of speculation. Just my opinion but this is vexxing given the non-performance of this stock for now over a year.