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Bullboard - Stock Discussion Forum Great Lakes Graphite Inc GLKIF

Great Lakes Graphite Inc is an industrial minerals company focused on bringing carbon properties and products. It focuses on the manufacture, marketing, and sales of graphite products. Its product is categorized in types: graphite and advanced carbon products. Some of its natural flake graphite products are Micronized, High purity micronized, Ultra-high purity micronized, Spherical purified... see more

GREY:GLKIF - Post Discussion

Great Lakes Graphite Inc > What had happened was....
View:
Post by WidowAndOrphan on Dec 11, 2019 12:28pm

What had happened was....

250K units traded today for a ~600% increase in price.

Did someone fat finger an offer or am I missing something?  Not complaining in the slightest.  

No news or activity that I can triangulate.  GLTA
Comment by Luckierjack on Dec 13, 2019 1:48pm
It was a trade worth less than $500. Meaningless.
Comment by WidowAndOrphan on Dec 13, 2019 3:29pm
250,000 X .009 $2,250 Still decimal dust, but when someone drops $2k+ to temporarily move the stock...I ask questions
Comment by bullmoose1984 on Dec 14, 2019 11:02pm
Widow please share the questions you’d ask good to see your still around!
Comment by smallcap1967 on Dec 14, 2019 11:15pm
Closing a short position to free up the margin before new year.
Comment by WidowAndOrphan on Dec 16, 2019 2:26pm
Small - That is where my head was at, but the short positions of record were not that large in share quantity until after the crash.  In theory if someone is closing their short from when this type of volume existed, profitably, filling with the cost of 700%ish premium doesn't pencil or the volume of total short position wouldn't have required that type of volume.  Still under a ...more  
Comment by bullmoose1984 on Dec 16, 2019 10:40pm
Thanks for answering widow I’m noticing changes are happening on the web site and it doesn’t show board members anymore  250 samples out the door not sure what’s going on but it’s not a bankruptcy or going private ? I don’t believe. Merry Christmas to you all hoping for a brighter 2020.
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