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Bullboard - Stock Discussion Forum LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

TSX:LSG.DB - Post Discussion

LAKE SHORE GOLD CORP 6.25 PCT DEBS > So what was yesterday all about ??
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Post by HARJAY on Oct 03, 2012 11:26am

So what was yesterday all about ??

Yesterday by this time millions of shares had traded today less than 500K. So what was all that trading about that caused a 20M share day ????
Comment by ub40eh on Oct 03, 2012 12:10pm
I Don't know... I checked the Insiders list and nothing shows up.https://www.tmxmoney.com/HttpController?GetPage=InsiderTradeMarker&Market=T&Language=en But then I was thinking that they only report stocks trading over $1.00 on the TSX most active list, we did't show up...... maybe it was kept under the dollar mark so that all those shares could be bought and sold under the radar
Comment by Golfcar72 on Oct 03, 2012 1:32pm
2nd business day of the 4th quarter, could be anything but most likely a reallocation between funds.   Production news should be by end of week, wouldn't be surprised if it was tonight, but the longer the delay the worse the news is.  Kinda like when you came home from school as a kid with a report card.  When it's A's, you run home.  When it's not, you take the ...more  
Comment by goldhappy on Oct 03, 2012 1:48pm
I gota agree with you Golfcar. Won't be long now before we board the train. No news for a very long time.No exploration or production results. Tony is playing it close to his chest. That's ok. When LSG starts to move we won't look back. Only smiles. The pain will be worth the gain. The analysts are from hold to strong buy. Just time and patience.
Comment by Vanchester on Oct 03, 2012 1:50pm
I would not be suprised to see the preliminary quarterly reports not coming out until next week. Remember we just had the CFO resign not to long ago so things from that side of the picture may take a bit more time than usual.   v.
Comment by Vanchester on Oct 03, 2012 1:56pm
Just read over the resignation news release and he's not leaving until October. My guess he's sticking around to rap up 3rd quarter reports. maybe we will see those reports this week....     v.
Comment by qqoldbbug on Oct 03, 2012 3:11pm
Folks you would be better off buying a lottery ticket than to wait around for this one.  So many better buys out there.  The stock wreaks of BS and has performed the same way for years now.  Like I said...Never fall in love with a stock
Comment by byebyemoney on Oct 03, 2012 3:23pm
I agree with you ggoldbug, some of these investors can't understand that. Yet they invested up to their necks in this company. Sure down the long long road, years to come before this company will show consistent results. But for now and months to come, this SP will not go up.... not that much anyway. I think these board members should look into other options such as terms and mutual funds ...more  
Comment by idlefreebird on Oct 04, 2012 8:23am
I believe that it was an early taxe loss taking . This will happen a few more times in the 4th quarter as the market will wait for several good quarters before the up movement . Therefore the people in the know , know that the movement isn't going to be to much to the upside. But whenever it gets to the positive it will rise quick . I don't believe this year though . I am a long Lakeshore ...more  
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