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Post by mackiemac on Mar 7, 2009 0:18:16 GMT -5
A post showed up here this afternoon questioning today's high volume trading for Duran but it seems to have disappeared for some reason? I've posts disappear before and wonder who removes it - admin or the member himself??
Anyway, the topic was covered on the Agoracom forum and Venturous noted that this was likelu a TD to TD trade (340,000) likely to rearrange a client's account or something of that nature. Can you please clarify that Ven because I didn't understand what it meant.
Greatest appreciation if you could reply!
(sure isn't much traffic on this site lately - miss you guys!)
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Post by venturous on Mar 7, 2009 9:33:01 GMT -5
Hi Mackiemac,
It is possible that someone took their 340,000 plus shares and moved them from husband to wife or vica verca. I am not sure how this is done, or even if it makes sense, but it could explain why it was TD to TD. Maybe there was an 'ownership' change, for tax purposes but within family? I could be wrong, but I'd hate to think someone dumped 340,000 shares because they lost faith in DRV.
You're right, there has been no activity on here as of late. There has been minimal activity on Agoracom, but it to me is analgous to those bar patrons who regular a bar for a pint after work. haha.
Hopefully there will be news of a PP (private placement) which could kick start this sucker, as well as the appointment of George's successor (as promised!). jmho.
ven.
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Post by mackiemac on Mar 7, 2009 16:15:16 GMT -5
Thks for replying Ven. It really does make sense, especially at tax time. Man, these are trying times. Guess we're all yearning for some good news but it seems that good news is quickly followed by bad these days. Can't believe much of what you read anymore because even most of the analysts are baffled these days. The old playbook has become obsolete and the old predictors are now unreliable. Here is the ultimate optimism - "what goes down must come up"! That's my mantra these days! Best of luck to all!
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Post by pasacancha on Mar 7, 2009 22:27:11 GMT -5
You will notice that the 340,000 shares were traded all in one single block and not in many different blocks. That tells me it was a simple transfer from one account to another. I agree these are crazy times. We have no choice but patience.
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Post by trainboy on Apr 7, 2009 15:26:37 GMT -5
So, why more than 300,000 shares today? I realize they're cheap (unfortunately), but why this spike? Anybody have any insights?
Trainboy
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Post by caveman on Apr 7, 2009 17:13:46 GMT -5
are people selling drv and buying smh? hmm not something i would do even though smh is looking really nice.
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