TSXV:ABS.H - Post by User
Comment by
vcomtechon Jan 24, 2007 5:28pm
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Post# 12084405
RE: Bottomed out
RE: Bottomed outNo trades in 2 days, unless you count the odd lot order of 449 shares at $.05,LOL! If $.07 isn't the bottom, than where are all the sellers. We had a huge block of shares for sale at $.075 on Monday, and then the price changed to $.08, looks like the brokers are up to their old games.
I have made tonnes of money on this stock last year, bought at around a dime, then held until another run up. Sold some above $.20, and I waited for the NR about how may barrels of oil there new pay zone would produce. Everyone was pumping the stock saying we wil see above 1000 barrels per day. When the news came out with the numbers, it was only around 100 barrels/day, and then she dropped like a stone and is now at $.075
Just check my Post #12325088 and Post #12326405 back in June 14th, 2006 and you will see that I knew exactly when the run up would start.
Once we see bolder buying huge lots at the ask price, expect another run.
GLTA