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Bullboard - Stock Discussion Forum Logan Copper Inc LCZZF

GREY:LCZZF - Post Discussion

Logan Copper Inc > why so many shares
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Post by stock2008 on May 23, 2012 3:17pm

why so many shares

Why would you sell 450000 shares at a loss.  Someone had to buy the shares.  What does this transaction mean.450000 shares is only 9000 dollars.  I do not get why shareholders sell at such low levels.  Can anyone explain this to me.
Comment by Simon1707 on May 23, 2012 3:49pm
To cover a margin call... maybe they paid 0,015$... I don't know...   but it's still big volume... what we need is people buying on the asks... that way it's gonna go up!   Good luck! at least the TSX is big time positive!... it was -180 at one point... now +108! big swing... of 288 pts in the same day!  Geeze!