& hoping that Anonymous will take the stock down for me to pick up some shares under $1.80. Cannot believe that after massive dumping again the stock did not crater. I am giving up hope to those stinker bids that I have on UUU.
Since Dec 6 140 million shares have changed had The stock trading range has been very tight from $1.90 to $1.78 with average trading price of $1.85.
Today Anonymous dumped over 9 million shares on TSX only. Dundee picked up more that 4 million shares today. He has got be finished now or getting close. I am posting house position for today. I am also posting house position from Dec 6 till today that tell the entire story of this massive distibution in such a tight range in just six trading days. It is really amazing. I have narrowed down all the action to just six days & all the volume by Instinet is also in those six days. With almost sqaured position. A case can be made that Instinet was used to absorb all these shares. Now in future when the distibution is stops & Instinet disappers then we will know that for sure. If it continues like HTF in future too then it may not be involved in this distribution. I think there is a link between these insitutions. IIROC may know about these trades. They can see who is behind Anonymous trades.
Got to go. Maybe some one else can post commentary for others.