Post by
ZincDink on Sep 27, 2021 4:52pm
400 kshares in last 2 days, skunk bid from GC?
Most shares traded in a long long time. Skunk bid from GC? Short covering?
If I was GC, I might try the skunk bid approach. The China smelters have exploded in value from lows (easy double in most cases, except for one little Canadian smelter, they are all up).
Think Xystra came in near $ 4 per share way be fore we dumped a ton of money into this perenial loser.
Still a bargin at 5 a share, but GC has broken my spirit and open to offers north of 3
Comment by
Scotch12 on Sep 28, 2021 5:18pm
That usually heavy trading the previous two sessions caught my attention also. Almost all the trades appeared programmed, and had anonymous listed at both ends rather than name a specific broker. My experience is that anonymous is usually a hedge fund and certainly smart money. It is people who don't want to tip their hand on what they are up to.