Troymet's run-up of August 10, 2009
posted on
Aug 11, 2009 09:04AM
I've been scouring the internet looking for clues for yesterday's run-up on Troymet (from $0.03 to $0.085 on 14.5 million shares). Of course Troymet was obliged by regulation to put out the "unaware of any material change" news release at the end of the day (just like Noront did some days before the news hit of Hole 49). I could find nothing definitive. However, reading lots of posts on SH (a site I usually avoid), the 2 comments that seemed to make the most sense to me are the following.