Cline Mining Corporation T.CMK

GCE

[ark88]

Weird. Drops over a dollar in couple of minutes with over a million shares traded. Anyone know anything about what's going on?

[Tobuyornot]

Fraud at Winsway accusation

[oilismoney1]

Hello ark If somehow that deal with GCE falls thru, I think you CMK share holders could get a windfall wish I was in, but all gunpowder is working Good luck to all retail investors

[j0n3s]

Was thinking the same thing earlier this morning.. don't know what it would take for the deal to fall through BUT..... I doubt highly CMK would be any more a target than we are today but the crowds might look for another place to park their profits.

[ark88]

oilsmoney: I think you're right. CMK would certainly benefit from the GCE deal going bad. Something is not right over there. You now have a 10% discount to the buyout price, but it's the high volumn that is worrisome. They are now approaching 10 mil. shares, that's a whopping $90 mil. changing hands. This kind of money would suggest something is not right with the deal. Interesting

[j0n3s]

Interesting enough Jonestown Research is shorting Winsway.  This should almost be illegal in itself.  Maybe they'll make more shorting than a liable suit would cost them... who knows interesting nonetheless. 

[Tobuyornot]

Yah Nice to be out of GCE and not having to run around like a chicken with its head cut off!  Which makes me pause  -- Methinks I'll wander over to the GCE board to watch some headless chickens.   

[ark88]

Tobuyornot: LOL. Good one.

[seanj1]

https://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/01/19/bloomberg_articlesLY1HY36TTDSR01-LY1XI.DTL

[j0n3s]

Jonestown Research took a 'short' position with Winsway.  Almost seems ilegal - take a short position then slam the company with potentially less than honest information.  I wonder how much of their short position they still have.