GREY:JGFCF - Post by User
Post by
jerrio78on Aug 31, 2020 6:27pm
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Post# 31481479
Volume ahead of news
Volume ahead of newsLast Friday it traded almost 30000 shares or 3% of the company. The last time it traded more was July 6 when it traded over 400000 and the share price spiked 100%. Crosses in the market always serve a purpose. On low float stocks like this one, some consultants, promoters, brokers backing the deal always want more open market shares. On a tight stock like this one they had to hunt for those shares instead of chasing the stock to 50 cents to get filled. Whoever got 250000 knows what's happening and once news is out they will be heavy on the buy just watch. The clock is ticking.