SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : coastal caribbean (cco@)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Edwin S. Fujinaka who wrote (4647)8/17/2007 4:24:12 PM
From: Edwin S. Fujinaka  Read Replies (1) of 4686
 
I sold a small amount of COCBF at $0.145 today. Earlier today I placed the order to sell at $0.13 or better, all or none when the last trade was at $0.13 and the current bid was at $0.12 (asked $0.14). Apparently someone placed an open order to buy at the $0.145 price which turned out to be the high for the day. That buy order must've been for around 100,000 shares and they mopped up all the sell orders including mine since I think the final volume for the day was over 140,000 shares.

Does anyone know who and why someone is buying these shares at this time? This price action is pretty strange, but I have been expecting something to happen, perhaps some hype or rumor that could get the stock over $0.20 sometime before they go bankrupt :-). I think you could have bought the stock for around $0.07 last month if I recall correctly.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext