Post by
LongGun on Mar 18, 2014 9:18am
Accumulate Large Position
I wonder if it would be legal for a deliberate program to stop all actions to further progress with a company, so that stock could be purchased at a low price for those in the know ,, because of lack of buying due to public disinterest and lack of information.. I think I remember that the volume of trading averaged tens if not hundreds of thousands of shares daily. Now I have trouble getting a quote, and as best I can establish, the grand total of 20k shares traded yesterday. There has been no info for a very long period,other that executive appointments, and I recollect there was the odious comment that the exec. had no intention to update progress and nfo to public. Where has all the trading gone. Can one buy up to a 10 percent total of outstanding shares without having to declare a major interest. .Could there have been an agreement to try and keep range between 10 12 cents indefinetely. while tens of million share were accumulated. What do they say, about if it looks like a duck, and waddles like a duck, it is a ......
Comment by
Pauly10 on Mar 18, 2014 9:28am
Even though only 20,000 were purchased yesterday -- it brought the share price up 10%. I wouldn't be complaning about low volume yet. Just a thought.