ASA Gold and Precious Metals Ltd C.ASA

Primary Symbol: ASA

ASA Gold and Precious Metals Limited is a non-diversified, closed-end investment company. The Company's investment objective is long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects or mining of precious metals and minerals. The Company invests approximately 80% of its total assets in common shares or securities convertible into common shares of companies engaged, directly or indirectly, in the exploration, mining or processing of gold, silver, platinum, diamonds or other precious minerals; held as bullion or other direct forms of gold, silver, platinum or other precious minerals; in instruments representing interests in gold, silver, platinum or other precious minerals, and/or in securities of investment companies, including exchange traded funds, or other securities. The Company’s investment adviser is Merk Investments LLC.

NYSE:ASA - Post by User

ASA Gold and Precious Metals Ltd > Cross Trading Active again

<< Previous

Bullboard Posts

Next >>

Comment by KelownaClownon Oct 23, 2020 1:39pm

202 Views

Post# 31771658

RE:RE:RE:RE:Cross Trading Active again

Part of the reason why it's possible for a couple of brokers to set up these cross trades and significantly drive down (or up) the price is because VLNS has a very low float. Well over half the shares are held by insiders and other long-term investors. So there aren't very many shares to trade and a relatively small volume can result in large swings when it's coordinated. This can go upi just as fast, and I'm spending plenty of time kicking myself for not selling in the high $2 because I'd be loading back up now. If the price stays like ths come year-end bonus time, look out, my self-imposed limit of 250,000 shares will go out the window, but fast.

<< Previous

Bullboard Posts

Next >>

WINNERS of the COP 29: Siemens Energy, Plug Power, dynaCERT!