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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

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Post by ark88 on Apr 12, 2012 10:09am

L2

Heavy selling, but big bids keep showing up. Only one reason why you should sell at this point. Either a financing is in the works or meltdown. The big bids that keep showing up are not retail investors. No way. Not in this market.

 

 

Market-By-Price REALTIME
Time # Size  Bid
10:04 19 60700  1.15
10:02 33 113700  1.14
04/04 24 116600  1.13
04/11 29 63400  1.12
04/11 14 121900  1.11
03/16 26 69900  1.10
04/11 7 88200  1.09
09:28 5 35700  1.08
03/26 7 40200  1.07
04/11 7 42200  1.06
04/05 8 58700  1.05
09:23 2 26000  1.04
07:00 5 34300  1.03
04/09 6 41100  1.02
04/03 8 40500  1.01
03/13 13 77200  1.00
04/05 10 33500  0.99
03/30 5 48100  0.98
09:00 2 4600  0.97
10:02 1 12000  0.95
09:23 1 3000  0.91
04/11 1 2000  0.90
04/11 2 2300  0.85
04/09 1 3000  0.81
04/11 4 7800  0.80
09:18 1 5000  0.79
09:16 1 5000  0.75
04/11 2 5000  0.71
03/06 1 10000  0.51
04/02 2 5000  0.50
Ask Size   Time
1.16 74400   45  09:58
1.17 52700   31  09:54
1.18 82100   39  09:33
1.19 33100   11  09:31
1.20 63400   12  07:01
1.21 16900   09:33
1.22 69000   08:15
1.23 22700   04/11
1.24 48000   07:00
1.25 25500   07:00
1.26 15900   08:16
1.27 15200   09:32
1.29 17300   04/11
1.30 18400   04/11
1.31 30000   04/11
1.32 14200   04/11
1.33 1000   08:05
1.34 11500   04/11
1.35 25900   04/11
1.36 10400   04/10
1.37 3000   04/10
1.38 1000   09:26
1.39 14500   04/11
1.40 13300   04/09
1.42 10000   04/10
1.44 1000   04/09
1.45 17700   04/09
1.47 3000   04/09
1.48 3300   04/09
1.49 1600   04/09
Comment by j0n3s on Apr 12, 2012 10:15am
Ark, I must admit I'm not feeling overly confident as of late and fearing the meltdown scenario (but that's an off the cuff concern)....
Comment by j0n3s on Apr 12, 2012 10:18am
It's nice that the buys are filling up BUT they seem to be filling up lower and lower and as long as there are sellers to fill those buy orders who the heck knows where and when this ride will end..........
Comment by miner8740 on Apr 12, 2012 10:22am
  Date Cass. No. Entity No. Job Cd Init. Wgt. Final Wgt. Conc'n Smp Type Smp Time Tons Prod. Smp Use Void Cd Type Entity 3/16/2012 51170253 0030 036 499.31 501.49 3.13 1 480 460 5 EXC M 3/16/2012 51170263 ...more  
Comment by ark88 on Apr 12, 2012 10:23am
J0n3s: To reach close to 5.0 mil in volume in 45 minutes under heavy selling pressure, excluding Alpha, and we're down only 6-7%. WAKE UP. They are buyers who want this at this price. Another cliche being played before our eyes. Retailers dumping irrationally and the big boys buying. Classic.  
Comment by j0n3s on Apr 12, 2012 10:28am
Ark: while I appreciate your enthusiasm I can't help but to question whether someone knows something the street doesn't.... for us to fall so hard so fast..... this can't be a good thing... darnit now I'm sounding all negative like others..... ughhhh. I'm staying (I've said I'm staying and seeing it through and I will).  I need a 2 week vacation with NO INTERNET so ...more  
Comment by ark88 on Apr 12, 2012 10:29am
Like many of you, I've been here before. I will not panic but watch carefully and consider all the facts before acting. If this is too hot to handle, sell if you must, but don't just sit there paralysed feeling helpless. Ask yourself just one thing, Sell, Hold or Buy and why. It's that simple.
Comment by utube on Apr 12, 2012 10:29am
Big bids now is showing at $1.01, 111,600.
Comment by thian on Apr 12, 2012 10:30am
I agree with ark88 on this.  Retail investors are in a panic and the big boys are accumulating at these prices.   Surely there were lots of missteps.  Selling at these prices seems foolish to me.  This is accumulation time.
Comment by j0n3s on Apr 12, 2012 10:32am
.15 when we are already a beaten and battered stock isn't a good thing.
Comment by ark88 on Apr 12, 2012 10:55am
Now that the morning panic has subsided, looks to me like the big boys have drawn the line in the sand for today, $1.15 on the high side and $1.05 on the low side. The lemmings will be busy today running confused as usual. Back and forth, back and forth with few jumping off the cliff at every turn.
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