AnorTech Inc V.ANOR

Almost 20M shares traded?

[majortom75]

WTF?

[mynameisneo]

This is the time to load up!!!  Don't say I didn't warn you.  Buy Buy Buy!!!!!

[Digby8]

I don't know anything more that what is publicly known, but I agree with mynameisneo.

[mynameisneo]

Hudson put out the announcement that it was Coal Island aka Bob Shields.  I think we will see this start to take off.

[Digby8]

Thanks, neo. I didn't see the early warning.

[mynameisneo]

I decided to call HUD and spoke to management.  This was not a Hudson trade but was a former board member who held just over 10% (therefore an insider).  My understanding is the position was bought by some strong hands which should be good for the stock long term, and takes a potential seller with a lot of shares out of the equation. Apparently management are not allowed to buy until

[rkelly5]

I can't see how someone dumping 19 million shares for 19 cents a share of a stock that  was projected  to obtain a $2 value is good news . More like a True North Gems moment . 

[Digby8]

Good info, neo.

[Maxmoe]

Hey, long time since I dropped by. That sounds like malarkey that management are blacked out until Monday. Never heard of such a thing. In fact, they could have bought that whole block. I bet shields is VERY happy to get $3 million out and be done with them.  

[mynameisneo]

Maybe it's HUD who is happy to done with Shields in opinion.  If management did buy that block then will see it in a sedi filing in a week or two.  As always thanks for stopping by Maxipad but I think it's time for you to move along now.

[Digby8]

HUD is relieved to be rid of Shields. He was a disaster as a member of the Board, and he was willing to dump shares at almost any price. Now that this overhang is gone, any good news should get a much better market reaction. 

[stonesheep]

so 18.46 million shares sold, but so far today there is an additional 3 million shares transacted.  Big blocks for sale and a lid at 20.  Given we have limited $'s looks like and is trading like there is going to be a financing.  So the usual crock, where there is obviously something going on as I do not ever remember this much activity, and as usual we will be the last to know,

[Dangerdavid]

What you think someone has nothing better to do with their money so they decided to put it into this company? C'mom Maxiepad, without having some info who would put that kind of money into a company like this? Some people must have some insider info and I think it is good sign. You must have run out of hobbies because I see you have nothing better to do then once again troll on this board

[salzburg1]

Don't think anybody missed you. Go back and hibernate a little longer.

[Digby8]

I've heard that one of the ex-members of the BOD had a very substantial number of shares that he wanted to dump. This is likely what is going on.