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CFRI - Conforce International Inc - Page 336

post #6701 of 8001
9/9/11 at 12:38pm

It was on the buy at 11:15am

 

http://**************/p.php?pid=trades&symbol=CFRI

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post #6702 of 8001
9/9/11 at 12:40pm

Grrrr......... replace those stars with

 

**************

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post #6703 of 8001
9/9/11 at 12:42pm
Thread Starter 
Quote:
Originally Posted by lowell View Post

Grrrr......... replace those stars with

 

**************

Do you mean ************** ? laughing.gif
 

 

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post #6704 of 8001
9/9/11 at 12:47pm

Anyway, I don't know what's happening in my last two posts above.

 

The majority was at 11:15 and the bid was .32 ask was .345

 

500,000 traded at .345

500,000 traded at .345

400,000 traded at .345

300,000 traded at .345

 

 

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post #6705 of 8001
9/9/11 at 12:50pm

Now I see that Sunarf already posted this information.  So, we can ignore all of my posts.  LOL.

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post #6706 of 8001
9/9/11 at 1:50pm
Thread Starter 
Quote:
Originally Posted by lowell View Post

Now I see that Sunarf already posted this information.  So, we can ignore all of my posts.  LOL.


...but it sure was fun watching you try to get that out! 

 

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post #6707 of 8001
9/9/11 at 1:56pm

I don't know at all, but I can speculate this really has the look of an Institutional Investor or Brokerage buying up a block of shares.(?) 

Likely from one or more of the subscribers of restricted shares.  Restrictions would be lifted now and open to trade. 

The good news in this scenario would be that a larger Investor or Agency is willing to pay 34.5 cents for the shares that were originally subscribed for 28 cents in February 2011 (just a few weeks over 6 months ago - coincidence, your guess is as good as mine).

Maybe the big boys know something good is gonna happen! 

 

Anyone have any other ideas?

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post #6708 of 8001
9/9/11 at 3:28pm

Didn't the first people get in at 15 cents.   Maybe they wanted to take some money off the table, spread their risk more evenly.   I can see a lot of us shareholders that will sell some of our stakes if it spikes up, yet remain very bullish long-term.   I think it's a good thing what happened today.

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post #6709 of 8001
9/9/11 at 3:33pm

It's kinda nice that 1.7 million shares sold without doing anything to the price.   The person buying must know something, the person selling might just have millions of shares, like Marino, and just wants to lessen their risk.   I'm keeping my fingers crossed.  I prefer this to having no volume day after day after day.

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post #6710 of 8001
9/9/11 at 3:50pm
Thread Starter 

Maybe jj will chime in with something later when he gets off his floor sweeping shift. biggrin.gif

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post #6711 of 8001
9/9/11 at 3:53pm
Thread Starter 

NITE is sitting on a sell order for 201,800 shares @ .35.

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post #6712 of 8001
9/9/11 at 4:06pm

Sunarf, it seems like just a few days ago that we were getting excited over a 80K share day!

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post #6713 of 8001
9/9/11 at 4:17pm
Thread Starter 

Even if you take the 1.7 mil out of the equation, it was still an above average day with 36,839 shares.

 

Let's see what, if anything, this huge volume does for the chart readers next week.

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post #6714 of 8001
9/12/11 at 9:25am

http://www.hotstocked.com/article/18122/conforce-international-inc-otc-cfri-gets.html

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post #6715 of 8001
9/12/11 at 9:58am
Thread Starter 
Quote:
Originally Posted by jake1975 View Post

http://www.hotstocked.com/article/18122/conforce-international-inc-otc-cfri-gets.html


Traders on investor message boards were also clueless about what could be going on with company to cause the extraordinary activity.

 

 

I think that's a fair statement!
 

 

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post #6716 of 8001
9/12/11 at 10:05am

We'll be back to zero volume today....zzzzzzzz

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post #6717 of 8001
9/12/11 at 11:15am

I was hoping the volume spike would turn a few heads no matter what caused it to happen. 

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post #6718 of 8001
9/12/11 at 12:12pm

It's like the charts just grew a gigantic hair that day that nobody cares about

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post #6719 of 8001
9/15/11 at 10:48am
Thread Starter 

There are three MM's sitting on .35 sell orders totaling more than 276,000 shares.

 

We may be stuck here for a while.

 

 

Update:

Now 296,000 with more than 218,000 coming from NITE.


Edited by sunarf - 9/15/11 at 11:04am
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post #6720 of 8001
9/15/11 at 1:51pm

That's not good.   I was hoping something positive was about to happen, but no real buying interest still.

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