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Bullboard - Stock Discussion Forum Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.

OTCPK:MGMXD - Post Discussion

Alterra Power > This is just weird
View:
Post by veracruz on Feb 07, 2015 12:03pm

This is just weird

In February 2015 McInnes dumped another 50,000 shares for .295 . I find this price weird, I do not have the industry stature of McInnes but could have easily traded higher. I appreciate people selling to me low, but why him? I am not going to do the work, but would be very interested to see if he is always selling on a daily low / weekly low.
Comment by OffTheTracks on Feb 07, 2015 2:30pm
There are so many trades in the 100s shares not 1000s shares ?? Its only a 30c stock ??
Comment by veracruz on Feb 07, 2015 6:01pm
Ya, it makes it appear a waste of money & time when commissions factor in. Sometimes an individual buys 2500, then 10000, sells 12000, has 500 remaining, & then dumps that. Sometimes people don't have the know how, money, or guts to step into a company so they take up a very small position. Sometimes groups want to murky the waters, so price control can't be seen. Its easy to walk ...more  
Comment by Newstock44 on Feb 08, 2015 3:21pm
Some people pay by the year and don't worry about commission charges, I think this stocks hold head in the right direction fast when the positive news comes out in this quarter.... Cheers
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