IDLE SPECULATIONS ...We all are wondering what could be driving the price action, today it started out to be specific to Denison, the others started on the down side - at least the ones I watch.
I read rumours on the Reddit site that big action is taking place in the calls options, the question still remains - why? Is it a single call buyer or a group? Doesn't appear to be a pandemic in the U space or in Denison itself.
What could be going on?
I would think an investor making a big bet has some inside knowledge we don't have. And in the midst of this we raised $31M ???? Somebody knows something.
No announcement has happened about a big find which normally comes out when we see big price action - the good news having leaked out of the company, nothing announced yet.
A buy out? again no public announcement.
Only thing I can think of is that we are negotiating a beneifical offtake which we would not announce until it's signed off on - any other ideas out there?
Idle Spec's only
GL2us - B2S2