<<< You must just love conspiracy theories <ggg> However the piece of the puzzle that we often leave out is that a single person or group could be buying/selling from several different houses.>>>
Hehe, liking "conspiracy theories". Well, not really Keith. I am intrigued though by corporate "puzzles". I think what we have with GLE, Delphi, and BMW is a bunch of puzzle pieces that are looking like they could be the groundwork for the total picture. All we need now is the person/people to announce that these pieces do in fact fit each other! Like I said, it seems far too coincidental for these events to all be taking place at the same time without this being a concerted effort.
As for other plausible explanations for the buying, I'm searching for them....just can't find any that seem to make as much sense!!
I've thought about what you said regarding "they could be buying through more than one house". Yes, they could...but I assume that whoever "they" are, they would have to declare 10% ownership no matter if they were buying through one house or a number of houses. Since Sprott alone is near the 10% mark, it looks like it "they" are currently buying just through this one house.
Just to satisfy my curiosity, there has been some other chunky buying as well this month. Midland is up net 682,227 shares, and DS is up net 389,000 shares. Adding either of these houses purchases into the Sprott buying would easily have put the "purchasers" over the 10% limit. These leaves me to consider that there are funds in buying as well, possibly buying through Midland and/or DS.
As for myself, I just can't decide whether I'm "looking for the fit" or "it's staring me right in the face!" I'm tending to think the later. With Sprott hovering just below the 10% ownership line of GLE as of yesterday, I think the (positive) answer will be revealed very soon, i.m.h.o, the coming week.
Regards,
Kevin |
