Post by
Stansman on Aug 07, 2019 9:33am
Big volume on HREEF
Is that management exercising options?
What’s your take?
Comment by
TrickyGame on Aug 07, 2019 10:21am
I saw that too. One trade was for 597,500 IIRC. Does management even get american shares when they grant options ?
Comment by
Stansman on Aug 07, 2019 10:23am
No idea. The warrants were .06. But id imagine a sell order of 597,000 shares would have dropped the stock and it didn’t even move which was odd.....
Comment by
TrickyGame on Aug 07, 2019 10:43am
yeah the shares are so thinningly traded usually that a sell of 597,500 should have tanked the share price but according to otcmarkets.com/hreef there was that trade of 597,500 that did not affect the price @9:30 am then a couple more. Then there was a trade of 10,000 that dropped the price to 0.054 @10:04 then two more trades of 10,000 each that didnt affect price
Comment by
HLYTrading on Aug 07, 2019 11:28am
Looks like this username still active on my phone, nice .. looks like One seller, probably impatience.. no size behind that sell order
Comment by
TrickyGame on Aug 07, 2019 11:39am
It would be nice if we got an update on the PCA situation from mangement soon. The share price has been moving down over the past couple of days but the news of the decision could come out any minute and if it is postive the share price should shoot upward very quickly after tradng is resumed from the halt.