GREY:SSPAF - Post by User
Comment by
Goodspeculatioron Jan 13, 2017 6:41pm
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RE:RE:RE:Stock rise premature but trading volume positive
RE:RE:RE:Stock rise premature but trading volume positiveHave to admit I am not happy in the manner in which the shares traded in heavy volume moving from 5 to 8 cents in a week and 3 days later we are back where we started
Nobody wants to think of it being a Pump and Dump as the Company does have what would appear to be a very legitimate exploration program in place in North Africa
But without mentioning names I did notice one particular house buying as the stock was rising and then sselling at the peak and that same house was buying back at 5 cents today Certainly someone made a good profit on the fluctuation and I think most of us must be really disappointed that we are back at 5 cents
I guess it does appear to create a buying opportunity but this is the Venture exchange and probably at best 10% of the Companies listed end up as success stories.
As I mentioned previously the upward movement in the share price may have been premature but hopefully we will get an upddate from Management within the next month or so.There definitely appears to be potential here but when it wil happen remains the big question ?????
JIMHO GLTA