Advanced Explorations Inc. ADEXF

Institutional clients dumping?

[crazyanalyst]

One of today's trades involves 93k shares sold by Instinet.

According to wikipedia "Instinet is an institutional, agency-only broker that also serves as the independent equity trading arm of its parent, Nomura. It executes trades for roughly 1,500 “buyside” clients"

So, that means some institution, who does a lot of research, has analysts, etc is dumping.

The question we have to ask is why would an institution dump at this time? And at 9.5 cents.

I am a long, but I am very nervous right now.

[rpdeluca]

Crazyanalyst maybe you are going crazy:) Actually Instinet purchased 93,000 shares...they did not sell....look at the transaction again.   cheers

[crazyanalyst]

Hey, that's wonderful news. Some institution, be it a company, mutual fund, etc, is making a small bet on this play.  For the 5% of the portfolio you gamble with.  Might be time to make another bet. The way I see it, this stock will do one of two things.  A) go bust right down to 0, B) get the go ahead for the mine and blow up big. Go big or go home.  Good luck to everyone.

[rpdeluca]

It's time for a decision.  Plain and simple.  As much as the latest news releases have been really good, it doesn't answer the question yes or no on the JV.  And when yo have that scenario, it creates fear....