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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum MGM Energy Corp MGMCF

Energy Oil & Gas E&P

GREY:MGMCF - Post Discussion

MGM Energy Corp > Trading Question
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Post by OilEng on Mar 10, 2014 10:47am

Trading Question

JP Morgan seems to be the overwhelming seller and Peters and Co the buyer.  There are some block trades but most seem to be smaller holdings.

Can someone shed some light on this trading pattern?
Comment by shambano1 on Mar 10, 2014 10:50am
I noticed that as well, I have no clue who JP Morgan is acting for. It looks like institutional stuff but I'm just guessing here.  Does JP even have retail customers maybe through a subsidiary brokerage??? best to get the sellers out of the way and Peter's is so far scoping the shares up. I'm thinking this is a good sign but I could eb wrong. DYODD
Comment by shambano1 on Mar 10, 2014 11:30am
Peters still the big buyer but now it's national's turn top sell at 0.20 Recent Trades - Last 10 of 105 Time ET Ex Price Change Volume Buyer Seller Markers 11:13:48 T 0.20 220,000 77 Peters 80 National Bank 11:09:16  ...more  
MGM Energy Corp