IDC indochine mining limited

I agree MJ.Someone may well of picked up 3.5m shares at 15c...

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    I agree MJ.
    Someone may well of picked up 3.5m shares at 15c overnight and then traded them thru the day at 17+ cents.
    But that is not really the elephant in this stock today.
    That chestnut would be who woke up yesterday and thought they just had to get out of IDC as any price and sold 3.5m shares at 15c and why. You have to sell at a premium loss to shift that many shares in a single trade but that is a 15% premium. Also the timing is terrible. QA breaking out all over the shop and you sell a stock that is promising to bleed gold. At the end of the day it is only $500K so it seem hard to believe the deal absolutely had to be done.
    If the stock goes back to 12 cents then what you just saw was someone with some inside knowledge doing what I would do if I knew the stock was going back to 12c.
 
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