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That wasn't a typo error, It was a buy order for 2,466,000 shares. My thinking is, it could have been a short covering or a single buyer seperate from those who have been buying quitely without affecting the price.

When a Warren buffett or a Bill Gates want to buy say, 20 million shares in a company, they sneak in quitely not to disturb the share price. If they tried to buy 10 million shares in one buy order, the price would instantly sky rocket and the price would be to high and costly to buy another10 million shares and the short sellers and others would become suspecious that something is up. This is why the public only learns after the fact that buffett bought 20 million shares in a certain company.

Remember the Golden Rule: Volume proceeds share price

Since there was no follow through to keep the velocity and momentum to take the stock price higher, this is the reason why I feel it was a single person buying one big lot of shares or a short seller making the decision it is time to throw in the towel to be one of the first to cover.

If we see real fireworks, and the short sellers panic to cover, you can bet we will see these sudden spikes in price upwards on the chart as large lots of shares are bought, which could happen many times during a trading day, only to be taken back down quickly to the current level on the chart unless the velocity and momentum is extremely high to take the share price to a whole new level that the market determines to be fair value at that time.



Remeber, The Tom Bundtzen NI43-101 reports is what has changed the future for Silverado. Because it verifys the Gold-Antimony the company has discovered $$

THE GRIM REAPER

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