Wednesday, October 24, 2012

Dundee vomits for a cheap cross

Look at this for a thing of beauty....


I guess I don't have "clearance" to say which company this is, but suffice to say that Dundee's been puking them for a while now. They should be trading at $1.55 or so.

Finally they puked the company all the way down to $1.40, just so they could do a >$2M cross.


Way to go, guys.

Yes I'm in there grabbing cheap shares, but I fucking hate this sort of action.

9 comments:

  1. Just out of curiosity, where do you get this info from? I didn't know it was possible to see who was buying/selling.

    ReplyDelete
    Replies
    1. Go to http://tmx.quotemedia.com/quote.php?qm_symbol=lsa&locale=EN and pan down to where it says "last 25 trades".

      Unfortunately TMX Group only publicly provides information delayed by 15 minutes. But you can still sometimes use it to reconstruct what in sam hell the fuckers are up to.

      Delete
    2. Oh I forgot - hover your mouse over the 3-digit number. A box will pop up telling you which house it is.

      And remember a house is not a person. It's not telling you the guy that's selling, only that the trade is being done through a certain house.

      Delete
  2. I guess you've seen Jojo's brief note on the company, and it must surely be a take over target for a mid-tier looking for near term growth at a good price.

    ReplyDelete
    Replies
    1. Well Fidelity did a 2M cross this AM so things look interesting ....

      Delete
    2. I'm in a restaurant right now. I wonder if they have pie for dessert? I like pie.

      Delete
    3. WTF does that even mean?

      It'd be nice to see LSA get bought out, especially since it's my biggest position right now. It'd also make up for Otto never putting out a reccie on CXB or ATY - two stocks that I think are really going to haunt him now. :-)

      Srsly, law of Karma says ATY & CXB both go to $2 by Xmas.

      Delete

Don't bother commenting unless you have some useful information or valuable commentary to provide.

If you're a fucking tool, please go to Yahoo News for all your commenting needs.