Yes Joe I hear you, but the bids are not extraordinarily large.
If I remember correctly a substantial holder placed consecutive on market buy orders of 500,000 shares at $0.34 cents last year, at a time when I thought there was already support building at that level.
I thought it was a very poor strategy with close to zero chance of being executed after exposing to the market such ambition. I was already overweight PGC and was even tempted to jump in front them for what I thought would be an easy short term trade.
But to my surprise some very big sell orders appeared, over only two days, I think and completely filled his order of over 1,100,000 shares!?
Not at all how I would have done it if I was fortunate enough to be handling that sum of money, but trading/investing always surprises.
PGC Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held
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