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Bullboard - Stock Discussion Forum
Sandstorm Metals & Energy Ltd
STTYF
Metals & Mining
Industrial Metals & Minerals
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GREY:STTYF - Post Discussion
Sandstorm Metals & Energy Ltd
> Roumell Asset Management, LLC Ups Stake in Sandstorm Metals & Energy, Ltd. to 14.48%
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stocktrader1407
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Post by
stocktrader1407
on Jul 24, 2013 3:45pm
Roumell Asset Management, LLC Ups Stake in Sandstorm Metals & Energy, Ltd. to 14.48%
https://finance.yahoo.com/news/roumell-asset-management-llc-ups-185400847.html
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Thundersole
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Comment by
Thundersole
on Jul 24, 2013 3:57pm
This is exactly the kind of news this stock needs, hopefully they are in it for the long term.
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Thundersole
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Comment by
Thundersole
on Jul 24, 2013 4:28pm
I guess this happened on that big day where 5.35% on the total SND shares traded. One question might be: Who was the seller? Hmmm.... Is this positive news? On the surface this appears to have been orchestrated, First announce there will be no Donner stream for 2013, the stock tanks, these guuys make their purchase, then Donner announces they have some financing. Sandstorm
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carinthian
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Comment by
carinthian
on Jul 25, 2013 4:58am
Hi Thundersole! Generally I would say if a company has backing by institutions it is positive. Generally. :-) Regarding the question who the seller of the shares might have been I am wondering if some bigger guys switched shares why did they use the stock exchange and did not do it directly? At least this might show that an institutional investor believes in SND to overcome the announced
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