Annoying, yes but a good sign also as they set their limits up to the higher point so someone thinks there's value at the higher prices. Do they know something? Perhaps.
I was chatting with a couple of colleagues in the mining sector last week who are quite savvy and very senior in other companies and they too have been taking positions in this one. Not that they have access to any proprietary info but the fact that they know the mining sector and saw fit to roll the dice here also .
Time will tell.
ENR Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
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