I would have to agree Cull.
However i noticed there was buying in earnest late September ( Sept 27 - Oct 01 ) A good chance that J.Pitt was again behind the heavy volume
A few days later there was a buy order for over a million shares @ $0.24 that sat on market for 2 days unfilled. Then it was pulled. Now we have substantial buying volume again with over 1.1M traded as i write. But mostly being done @ $0.225.
I wouldn't be the slightest bit surprised if a lot of today's selling is being carried out by the entity who was purchasing late Sept & who was also likely behind the unfilled bid @ $0.24. They couldn't get stock @ $0.24 so are now taking advantage of the lack lustre market in Peel & selling to related entities to drive the price down, create some sense of panic amongst the retail crowd hoping to pick up stock as cheaply as possible.
I don't want to sound like a lot of the conspiracy theorists that hang out on H.C. But there seems to be a regular pattern to this.
Keep an eye out over the next few weeks or so to see if we get another " change in substantial holding " declaration from J.Pitt & associates.
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Last
11.0¢ |
Change
0.008(7.32%) |
Mkt cap ! $63.91M |
Open | High | Low | Value | Volume |
11.5¢ | 12.5¢ | 10.5¢ | $120.8K | 1.049M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 81028 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 81595 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 81028 | 0.110 |
3 | 147421 | 0.105 |
2 | 120000 | 0.100 |
1 | 50000 | 0.097 |
1 | 15000 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 81595 | 3 |
0.120 | 75000 | 1 |
0.125 | 59338 | 1 |
0.130 | 79999 | 3 |
0.135 | 15000 | 1 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
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