CGX Energy Inc V.OYL

600k iceberg

[westcanpride]

For like a good couple weeks before the news crash, the share price was kept in check with like a 600k iceberg.

does anyone know who was selling these shares? 

does anyone know if this same bank who was trying to sell these shares have been a net buyer or seller over the past 3 trading days? 

also painfully clear this iceberg seller knew the news was going to suck. They wanted to prevent the share price from going up pre news so they could tank it easier once news did get released. Again, select insiders always know something about CGX. Such a joke. 

Until the relentless selling ends, CGX goes no where. I have noticed that 50,000 to 100,000 buys are occurring, yet absolutely no movement upwards. Painfully clear this is done on purpose. Just wondering if it has to do with the 600k wall from earlier.

[SheDrills]

CGX Energy keeps proving itself to be a leaky vessel and my bet is that those leaks come thru Suresh.  680k shares is a large and specific stake...unfortunately impossible to track thanks to poor governance on Venture & OTC exchanges.

[LCSulla]

What I don't understand is that an odd lot sell of one share can make the sp reflect the new last trade. I am pretty sure I saw such earlier.   Thank god there is no aftermarket trades in the otcc.

[waitingstill]

It was Raymond James who had the big block at $1.02. They are net negative 294k shares past 3 days buying 340k and selling 635k. Anon is the largest net neg at -366k buying 1.5mil and selling 1.89 million. I highly doubt it was Suresh with the leak. I would pin this on FEC. They are dictating what gets released here. They do not want the resource report out for whatever reason. Anyone who thinks

[westcanpride]

Thank you waitingstill. Answer I was looking for.  I noticed Raymond James sold 50,000 shares today in one block. That's quite a bit. Hopefully they have exhausted the majority of their iceberg and eventually things will start moving up again.  I also agree... Frontera is behind this... most notably De Alba. He has direct links to Catalyst, Frontera and CGX.