Post by
SXR600 on Mar 21, 2021 5:05am
Other reasons for rise in DSV!
Why would the ETFs that has to buy DSV bc it now will be included in an index wait until the last 30 minutes of trade the day before??
There might be other reasons for the last half an hour rise of 10%+ and massive volume....
I guess we will find out monday, if there are new drill results pending or some interest in the M&A market...
The ever lingering question is, will First Majestic aquire DSV? It is just a stones throw from San Dimas mine...
Comment by
flash338 on Mar 21, 2021 11:02am
To all those wondering, a quick email to the company asking for a statement may be the best way to figure out cause of the unusual trading. A flood of emails on Monday morning may get us NR.
Comment by
flash338 on Mar 21, 2021 11:12am
After some thought, I doubt it was a leek or insider trading. With volume that far out of normal a flashing red light had to have popped up some regulator's screen forcing a halt for unusual activity. Also, if the company was sitting on drill results or a buyout with that kind of volume they would called for a halt.