On the 23rd of Jan,17m shares were taken off escrow, a couple of days ago another 5172572 were taken off, all early. (Total = 22172572) The purchasers of NGage had 44345144 shares in escrow till 4th of April. The combined total taken out early is exactly half of Ngage's total. Interestingly, these shares have all appeared to be snapped up quickly. The 5m+ were all crossed yesterday in one hit. The 1m buyer(s) appear genuine. It's probably the same buyer having 1m at different prices. I say he appears genuine because he keeps upping his price and when he gets hit, he bids for more. Whether yesterday's fill is enough we don't know but certainly someone has been hungry.
I got a few more yesterday which upped my buying average, (which I don't like), but where there's smoke there surely must be fire. Let's hope so, at least. I'm toppy on this one for a specie. (For now).
With this seller gone will the buyer quieten down for a while?
CNW Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
