Friday, March 20, 2015 12:10:24 PM
1) a Canadian bank (RBC) has been trading JEM for months for a penny in and out
2) yesterday, the CSE announced that Jagercor was dropping off of the CSE index...which was implemented on Feb. 27....(it's not like index funds buy and sell stock like the big exchanges...so this is much ado about nothing IMO)
3) I think The RBC trader took advantage of the news of the delisting to knock the stock down to buy in cheaper. This created what may be the last buying opportunity at this price.
Time will tell...
More info here:
http://www.stockhouse.com/companies/bullboard/c.jem/jagercor-energy-corp?postid=23542413
http://www.thecse.com/cnsx/investor-info/market-activity/CSE-composite-index.aspx
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