GREY:SMDWF - Post by User
Post by
Juniton Dec 03, 2015 10:22am
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Post# 24350150
.085 is breakout level. Given today's news we could
.085 is breakout level. Given today's news we could
be in for a major run. I need see how the company is making out with cost controls when they actually report earnings to come up with a better target price. For now I think the seller at .085 is likely the accumulator picking up cheap shares. It doesn't make a lot of sense selling down here at almost 52 week lows as the company has it's best quarter by far. It also doesn't make a lot of sense to post such a large sell order as it would deter buyers from actually buying at that level. The problem with the venture exchange is their are a lot of fake bids and asks. Will see if the stock starts chewing up the .085 ask if it's legit or not. Cheers