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Bullboard - Stock Discussion Forum Bravo Gold Corp V.BVG

A mineral exploration company

TSXV:BVG - Post Discussion

Bravo Gold Corp > Thing is..
View:
Post by doctorfill on Jan 06, 2010 5:19pm

Thing is..

Very impressive results - significant implications, but the drills are done 'til spring now so there may be plenty of time to buy the stock, depending on what those few remaining holes are. Anonymous bought a ton of stock just before the news then turned around and sold it 5 cents higher - very low class. 100 meter step-outs with improving grades could mean something big for BVG but we'll have to see if insiders have what it takes to get the stock price up where it belongs instead of taking nickel and dime profits.
Comment by fuzzieLOGIC on Jan 06, 2010 7:02pm
Every TSX brokerage firm is assigned a brokerage number. TD is #7, Paradigm is #16, RBC is #2 etc.However, all firms are allowed to hide their identity in the marketplace by entering orders under #1 or the anonymous designation.This  is used sometimes by insiders, underwriting firms and institutions who do not wish to be identified .So all the recent ANONYMOUS sell orders could represent 1, 5 ...more  
Comment by stalwart1 on Jan 06, 2010 8:49pm
Don't forget to mention the fact that firms can sell through other houses   ie,  wolverton can sell 10,000  and make it appear that union has sold.
Comment by kerbacious on Jan 06, 2010 8:56pm
Anyone can use them but us at discount brokers..lol..I once sold some shares through a firm I use onoiccasion.I watched the trade go through on Stiockwatch as Anon and questioned why,,He did not really give me a straight answer,,,,,,Anon is here to stay though..A question if anyone sells BVG now and owned it on December 31st do they still get the Bravada shares? The way I read it yes but still ...more  
Comment by doctorfill on Jan 07, 2010 10:02am
Fuzzy, my "kindergarden" theories are based on 3 years of post-secondary math. The odds against ANON doing massive buying just before the news release and massive selling just after and not representing insider trading are huge. You cite the fact that ANON could be any of a number of entities but the more entities ANON can represent the more ANON's trading will tend to even out ...more  
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