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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

View:
Post by longrun on Jun 09, 2011 11:51am

Seems Like

Seems like Recent Financing is Main Culprit ,,Underwriters are Blowing of Shares that were not sold ,,that is why so much Volume yesterday and today.
Comment by cacheitin on Jun 09, 2011 3:21pm
longrun hit the nail on the head.i think the drop from 2.75 area was mainly caused by brokers taking 50- 100,000 shares and not placing them with their clients. instead they planned to game the entire amount (through a family members account) or to use it to entice in a big client to open an account with them(open an account with me and i will give u these shares at 2.75 and they are now worth $3) ...more  
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