Gamehost Inc T.GH

GH - Wacky trading at the Open...............

[malx1]

Seems someone operating through TD Securities sold 15-17k shares at $9.55 just after the market opened.

Timing of their sale is odd.   Why take a -9% hit on your holdings just after a dividend increase?

My guess is that the individual made the mistake of not using a "limit" order, and instead they sold 17k shares "at market"

Looks like a $17k error, plus dividends.


Sure Q3 wasn't spectacular, but Q4 should be strong and shareholders will receive their shiny new, sustainable, dividend.

Maybe they wanted to drop some humble pie in Kasking's coffee........................

Dunno, but it looks like that mental slip cost them $17k.


That's ten entries into a WSOP No-limit holdem Main Event.

Free coffee there too.


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Reminds me of the good ol days................

https://en.wikipedia.org/wiki/2010_flash_crash

[kasking]

Malx....you never know when someone decides to sell & at what price... i.e. I had a bid in, a couple weeks ago, a lot higher then 10 bucks, bid was hit, now I look back & think, oh well, in for the long haul, no big deal...

[malx1]

Kasking, after chatting with your Trade Desk crew, I too was inclined to place some buy orders just over the $10 mark. Last 6 months have had GH bids in, below market price, which all went unfilled. Got busy with other things, those bids expired and were not replaced this month. Anyone clever enough to be on the bid this morning at 9:33am est, their orders up to 15k shares would have been

[nukester]

I missed the 9.55's, strange? Saw things did not really gap up very hard, so I added a bit to round out my position. Seems like 12 -13 bucks sometime next year, Lord willing and the creek don't rise :-) Slow motion game, kind of like watching golf or paint dry :-) Cheers, Nukester

[malx1]

The strange character who decided to lob 17k shares onto the market at a limit price of $9.55, they defused the rally with a wet blanket.   Their fat-finger trade also cost them $17k.      Looking back, maybe they intended to price those at $10.55........    either way, very wacky.       Without that panic sell, we would have been into the