Tuesday, April 15, 2008

Wega taking a break today, or

are they now selling under anonymous. I hope the forced break was due to the BCSC taking action (with Wega being an insider and all). However, in some recent days I've notice RBC/Wega not getting going (with their sales) until it was close to noon. Let's see what happens today.

Anonymous has sold most of the 60,500 shares so far today - I haven't noticed any by RBC.

3 comments:

rhump said...

I guess PK thought that reducing the CTO to a MCTO that Wega's hands would be tied. It appears Wega just continues to sell thru this MCTO at will. Through our illustrious Canadian brokerage houses (namely RBC). HOW? I have know idea, but they are definitely selling. WHY? To remove PK and/or position themselves on the other side of the Shahuindo litigation. I am sure they are into SUE. Wega wants Shahuindo and will stop at nothing to get it. JMHO!

Carib said...
This comment has been removed by the author.
Carib said...

Update/correction to previous comment (deleted). It doesn't look like Wega was selling anonymously. A few minutes ago the share price was showing modest strength wih 102,000 shares on the bid at 20 cents and 16,000 on the ask at 21 cents. Wega made short work of that mini-rally. They sold 122,000 at the bid dropping the price to .195 and put 160,000 on the ask at 20 cents. Now the ask is 20,000 at .195.

They are determined to keep the price below 20 cents.