Golden Minerals Company

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in response to argoz's message

Good point, those numbers are crunched so close together and when you're upset you really don't pay attention that much. Still though, I recall following the action in the last 5 minutes and 165,000 came up on the bid at 79. Yet all the 550,00 or so sells that took place were at 77 cents.

Shouldn't the 79's have been taken out first, then the 78's to then fall on the 77's. Very strange that all the transactions took place at 77.

I recall when GRW posted the short position on the 15th on the month that they're were no increases, which lead me to believe that they were just a fund who decided to liquidate their position.

Now it seems that, because of month end, they had to sell to bring the price down and possibly eliminate any margin calls for May. So if they were shorting, are those short reports accurate?

Somehow I think that we haven't heard the last of this.

Later

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MajorD
City
Montreal
Rank
Vice President
Activity Points
4063
Rating
Your Rating
Date Joined
02/07/2008
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Golden Minerals Company
Symbol
AUM
Exchange
TSX
Shares
76,690,000
Industry
Metals & Minerals
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