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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > Why are so many fools
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Post by Rilee42 on Jan 07, 2013 1:10pm

Why are so many fools

selling below the asking price. there is nobody making a profit anymore. there are 900000 bids out there. they want the stock force them to pay for it and drive the price up and put the penny traders out of business. shake your heads people
Comment by CoalRookie on Jan 07, 2013 2:28pm
Agreed, but it's kind of hard to stop the banks and firms because they are the ones who own most of this stock. They short trade so you have to expect this. Correct me if I'm wrong, but how much of this volume is actual investors? Not much I should think. I would imagine everyone who wanted out is already out, and the rest of us are in it until it turns around or sinks right to the ground.
Comment by Northguy53 on Jan 07, 2013 2:36pm
u should shake your head...nobody wants this pos stock..and why should they....do u know anything about this company....nothing left here...the scam has been run...now its only the penny traders that are moving this joke at all....the guys like kingy that only have a couple hundred bucks to try and make their fortune...there is nothing here even to sell...JMHO GLTA
Comment by bond46 on Jan 07, 2013 2:37pm
Muddled up. Your writing is not clear what you want to say. When we sell at level I we are going to get the bid price because there is the middle man who would carry out the transaction for us. But when you trading as a professional trader, you'll sell your stock at the ask price, no middle men involved. But that requires you're in a different trading platform which costs more to carry.
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