GREY:SCSZF - Post by User
Comment by
idleSpeculatoron Jan 29, 2004 2:01pm
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Post# 6973144
RE: Something Stinks about this...
RE: Something Stinks about this...Heavy selling by key players at 25c and below
For key players read, Leede, Raymond james, Jones and Gable, TD Sec, the latter two particularly today. No idea who barry sparks trades through, but given size of selling at 24c I am beginning to wonder if there is a decision by one or more to abandon the warrants and go for another PP if they need the extra cash, in which case the shares being sold today were probably bought at 20c and will be replaced with shares at 20c and so they are still making a profit.
Don't like to see 25+ being broached in this way by such concerted selling by one or two frequent sellers. It may mean next floor is at 20c.
JMO
Idle