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Callinan Royalties Corporation CCNMF



GREY:CCNMF - Post by User

Post by AARMYon Aug 25, 2008 11:33pm
489 Views
Post# 15409302

Today's trading

Today's tradingIt was really interesting to see the selling that occured today. The computer system and/or mutual fund that had been buying CAA all the way up o $3 in 100,200,300,500 increments began selling some shares today. Not sure why, but I did notice it and with the thin support on the bid, this stock could of easily hit $1.50 today.  Could be in for one last fall if this seller continues tomorrow.

Not sure what's up, I was still adding today and will be adding tomorrow regardless. I know that 5-7 times earnings is cheap for this stock.

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