Gamehost Inc GHIFF

Daily Accumulation of Hen's Teeth taking place (GH)

[malx1]

Gents - GH shares are currently being accumulated.


When you see the "anonymous" bids dancing between $10.20 and $10.25, it's likely the same buyer; they are active daily and snapping up 5k to 10k of shares each session.

Not the work of an amateur like myself.   It's someone or something institutional. 

Gotta admire the firms who hire an octopus to run their trade desk.

This time around it's not Kasking, and I think if TheBridge buys any more shares he'll be reporting on SEDI.


Good thing is:   Accumulation will clear out the wall of sellers in the $10.00 to $10.50 range

Bad thing is:   The steady buying from Anonymous disrupts NCIB activity


Net result:   Setting up the circus tents for that $11th floor rally everyone keeps talking about

Hen's Teeth back in fashion.

Ask TheBridge!

[BarstoolSage]

I expect you are right....a sophisticated buyer anyways. I understand that when yoiu see these odd small lots of  1 or 2 shares trading, that is someone looking for the lowest liquidity point. Though I may be talking through my hen's teeth here

[malx1]

Sage, prior to smaller investors having access to market data like depth of orders, you're right on. Some of the odd lots we see today, most are just tag ends of a prior trade. There's plenty of DIY folks who buy using nominal dollar amounts, say $5k. So they place an order to buy GH @ $10.35, total shares they seek are $5k / $10.35. They will wind up with an odd-lot tag end every

[malx1]

Speak of the moose and he doth appear! Anonymous is back. Some say it's Cpeczek snapping up all these shares. Or just a new buyer attempting to net HT's without causing too much of a rally. Crafty

[cpeczek]

If we see $50k buy ins it's definitely not cpeczek, haha. I'm surprised they had enough for sale to make that trade! Someone either got lucky on a scratch ticket or that's some institutional/buyback money.