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GREY:JNRRF - Post by User

Bullboard Posts
Comment by BlindBoyon Mar 24, 2004 2:11pm
135 Views
Post# 7259406

RE: BlindBoy

RE: BlindBoyhi chatty - the recent trading seems like accumulation to me. I had thought that pre-sells of the PP would contribute to a considerably more market weakness than has actually transpired, but this has not happened. So "they" (whoever they might be) swallowed the 3.7 million shares, and the PP participants have probably been pre-selling part of their allotments into the market at 4-5 cents above the placement price. Who's been doing all the buying? I don't know, but they seem pretty motivated. Very positive trading. Good luck chatty. You must be feeling pretty good, owning "real" shares, as opposed to max's "monopoly money" shares
Bullboard Posts