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Bullboard - Stock Discussion Forum ECUADOR GOLD AND COPPER CORP V.EGX

"Ecuador Gold and Copper Corp is a mineral exploration, mining and development company. The Company acquires and explores gold mineral rights located in Ecuador."

TSXV:EGX - Post Discussion

ECUADOR GOLD AND COPPER CORP > Today's Trading January 23
View:
Post by Goldenrules on Jan 23, 2015 4:09pm

Today's Trading January 23

Once again one major net seller. Someone has been selling anonymously all week. Again, one seller is not a sell-off.

About Jenny, she was offered a good job by a tech firm and her company was sorry to see her go. Doubt that it had anything to do with Glenn.

House Positions for C:EGX from 20150123 to 20150123
House Bought $Val Ave Sold $Val Ave Net $Net
7 TD Sec 130,500 7,205 0.055 0   130,500 -7,205
15 UBS 100,000 6,000 0.06 0   100,000 -6,000
124 Questrade 82,500 5,362 0.065 0   82,500 -5,362
80 National Bank 75,000 4,500 0.06 0   75,000 -4,500
79 CIBC 44,800 2,688 0.06 0   44,800 -2,688
85 Scotia 25,000 1,500 0.06 0   25,000 -1,500
2 RBC 30,000 1,800 0.06 10,000 700 0.07 20,000 -1,100
19 Desjardins 24,900 1,494 0.06 5,000 325 0.065 19,900 -1,169
39 Merrill Lynch 7,000 435 0.062 0   7,000 -435
89 Raymond James 4,000 235 0.059 2,700 164 0.061 1,300 -71
1 Anonymous 72,000 4,260 0.059 578,000 34,290 0.059 -506,000 30,030
TOTAL 595,700 35,479 0.06 595,700 35,479 0.06 0 0
Comment by Ticalian36 on Jan 23, 2015 4:20pm
One seller been selling millions of shares probably at a loss. The question is why? Inside info? Delay? Playing games and shaking the tree prior to pea release? Hopefully we will get some answers next week.
Comment by Goldenrules on Jan 23, 2015 4:43pm
I stopped trying to figure out why one guy would sell at what seems like the most inopportune time. There could be so many reasons. It could be an institutional player as most small traders don't sell anonymously. Just for fun I did a one month tally of the trading in the stock and it shows that the anonymous seller has net sales of 1,721,000 shares, which is what $101,000?  Just a few ...more  
Comment by nightcrawler000 on Jan 23, 2015 6:06pm
 Pretty sure whoever was selling from TD is a reader on these boards and saw your posts Golden. Has been "Anonymous" ever since. Frustrating that whenever we get some momentum someone is selling out. Hopefully his shares are almost all sold off.