GREY:PCGLF - Post by User
Comment by
Kooleron Apr 22, 2010 11:51pm
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Post# 17022471
RE: RE: MM pushing the sp down
RE: RE: MM pushing the sp downFrom what I can see, it was mainly Canaccord that is responsible for driving the sp down. they started the ball rolling by selling a bunch at market around 15:31:30 driving the sp down from 1.64 to 1.57 in about 5 mins and then they crossed 1.1M shrs at 1.55 at 15.36.18. Then everybody joined in the selling the next 25 mins. Canaccord must know something that's not out in the public domain. Insiders selling does not help to build confidence either.
Oh well, nothing goes straight up, we all know that. You gotta expect some consolidation after such a parabolic rise. There should be strong support around 1.30 to 1.45. let's hope we hold. GLTA