Did you read the announcement Friday night and follow up one this morning.
After the AXL announcement came out Thursday and the price appeared to be moving in the right direction for a change many wondered why it suddenly stareted to retrace and then that sale at 59 cents went through (a cross trade), the volume as I recall was about 15.3 million.
It would now appear there was a reason AXL's price was pushed down, who were the bulk of these shares sold to in the cross trade, I would just about swear that there was not a buyer sitting at 5.9 cents waiting to buy 15 million odd.
Does anyone have access to the course of sales for AXL for Thursday, it would be most interesting to study these again? I wonder who was the buyer of this large quantity of shares, is this a new way to look after your mates?
The worst of all is that this was the day when the AXL price should have if anything improved on it's price before the trading halt.
Anybody who can give an opinion on this one, to me looks very suspicious
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