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Bullboard - Stock Discussion Forum Eacom Timber Corporation ETRFF

Forest Products Lumber & Wood Production

GREY:ETRFF - Post Discussion

Eacom Timber Corporation > Dundee
View:
Post by level2up on Nov 18, 2010 9:10pm

Dundee

Dundee bot 2 million shares at 0.69 2 weeks ago and now they are selling at 0.58? What an incompetent institution. ETR today's close price is sitting at EMA50 (0.62) and above EMA200 (0.58). It could rebound back to 70 cents. But if they sell it breaking down the EMA50 and EMA200 lines, it can go all way down to forties or even thirties cents. Let's see what will happen.

BTW, timber ETF, CUT is rebounding well in the last 2 trading days.
Comment by DrRoll on Nov 19, 2010 8:01am
There are no asks between 0.62 and 0.69...level 2 is very thin...easy to go back to 0.70.Lumber ETF is bouncing back...ETR could have a profitable Q3.Cheers...
Comment by DrRoll on Nov 19, 2010 10:21am
Dundee is selling again.
Comment by DrRoll on Nov 19, 2010 6:25pm
Dundee's panic selling in every 500 shares in last 10 minutes. LMAO.
Eacom Timber Corporation
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