Re: GMP...
in response to
by
posted on
May 14, 2008 10:42AM
Focused on becoming a near-term Gold Producer
Board awfully quiet today.
GMP now up to 575k today at 22-22.5 cents (700k in just 2 days). This is significant buying. Individuals do not typically have $120k ($153k in just 2 days) to throw at 'risky' stocks like SGX. Maybe fund buying? Insider? Kodiak?! Ha. Who knows.
Since Jan 2005... GMP... net +1.1 million shares @ 19-23 cents...
Here is the position of broker 74 for V:SGX for 1/2/2005 to 5/14/2008. | ||||||
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Date | Bought | Ave | Sold | Ave | Day Net | |
2007-06-06 | 0 | 125,500 | 0.10 | -125,500 | ||
2007-07-13 | 200,000 | 0.19 | 0 | 200,000 | ||
2007-10-22 | 50,000 | 0.52 | 50,000 | 0.59 | ||
2008-03-04 | 200,000 | 0.30 | 0 | 200,000 | ||
2008-03-20 | 125,000 | 0.23 | 0 | 125,000 | ||
2008-05-13 | 125,000 | 0.21 | 0 | 125,000 | ||
2008-05-14 | 575,000 | 0.22 | 0 | 256,500 | ||
Total | 1,275,000 | 175,500 | 1,099,500 |
Suprised so quiet as this is good to see IMO.
red911
Further to this... House 74 (GMP) has now bought 319k at 22 cents thus far today. Yesterday they bought 125k at 21 cents. Selling 0. That's 454k at ~22 cents in just 1.5 trading sessions... not huge but a start... we sure have not seen any regular big buyers like this here lately so thought it was worth noting. Trading is slow going today but bids at 22 cents do seem to be constantly being replenished. red911 |