Post by
uptick144 on Aug 17, 2015 8:58am
millions on the bid now
Just getting started. Going to be a great run here!
Comment by
pennylane101 on Aug 17, 2015 12:23pm
What tipped you off there was going to be a major rally this morning?
Comment by
CarpyDime on Aug 17, 2015 2:57pm
Interesting to see the shape of these bids. Large buys, all which seem to be originating from the same institution. Not necessarily the same buyer I guess, but we are over 800K in volume and there have been a total of 7 transactions. Someone's accumulating......
Comment by
pennylane101 on Aug 17, 2015 3:05pm
It is very interesting. Do you happen to know who .09 is?
Comment by
CarpyDime on Aug 17, 2015 3:37pm
TMX lists as BMO Nesbitt Burns. Within that, it could be anybody. To me, the most interesting aspect is the size of the buys, which average around 150K. And then another one comes in at 400K (from Desjardins). Not huge buys monetarily speaking ($10K gets you 400K shares), but obviously there are people who feel a $.025 entry price is worth the risk. Might get harder to buy in at $.015 now....
Comment by
uptick144 on Aug 18, 2015 9:03am
Now this is being accumulated--Uptick about to happen here. News of acquisition and numbers on new deals very soon. Seems peopl are getting positioned