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Elephant Talk Communications Corp. Message Board

  • greg.bournelle@ymail.com greg.bournelle Jun 5, 2013 5:43 AM Flag

    curious coincidence

    A "good" news and very heavy volume in the past 3 days, almost 4m shares traded, but the price keeps going down. That means somebody is selling a lot of shares.... Who is doing it?

    there are many millions of shares unaccounted for when you see the beneficial ownership of ETAK... Must be one of these obscure crocodile funds that is doing the selling.... and nobody knows who is the beneficial owner of all those shares.

    Such a coincidence that SVV is investing USD3m right at the same time.... maybe that's where the money coming from.....???

    Any other credible explanation supported by facts and figures would be welcome. Keep in mind SVV is very tricky...

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ETAK
0.33+0.02(+6.45%)Aug 4 4:00 PMEDT