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GeoGlobal Resources Inc. Message Board

  • tymister50@hotmail.com tymister50 Sep 23, 2013 3:14 PM Flag

    Does someone know something we don't?

    Just seems really weird to me someone comes in a grabs up the shares every time there is a big dip in price. Any thoughts anyone?

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    • I have the impression that there are a few sellers closing out, and the buyers are most likely large orders that have been sitting, waiting for someone else to give up and sell into it

      As the recent news this week indicates that any revenue breakthrough is being pushed out further into next year, some holders don't have the patience ... it appears the departed CFO was only ever given options, didn't report holdings - though he may have been given some shares in severance, which may have been liquidated on the market - not going to know