Another explanation for todays volume.
Todays trading was no accident. It took an organized paid promotion to bring in 2.239 million shares of buying today on all exchanges. Apparently the securities commission or IROC don't care, didn't notice or were part of it? The average daily volume is probably closer to 50,000 shares per day and that may have warranted a HALT. Why did they run this promotion today, who bought and what were they told to get them to buy? I'm sure some of the long term shareholders must have options or warrants that require cash to exercise before they expire? They may have sold some or all of their position if that is the case, I would have if I needed the cash. Or maybe they are just going to use the money to capitalize on a better opportunity? Whatever their devious plan is, I hope you didn't get screwed today. It would be interesting to know where todays selling cash ends up. Jmho.