TSXV:FCO.H - Post by User
Comment by
17Diggeron Mar 08, 2017 9:17pm
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Post# 25954743
RE:Base
RE:Base I watched the trading at the end of today as it rose to C$ 1.14 then about a minute before the close a big dump started coming in and it still held there.
Then in the last second or so the last 100 shares or so made it drop to $1.11 as the final closing trade.
Obviously an intentional push downward by someone who wants to lower the price. This is what has been the pattern lately but the stock is showing good resiliance as you can see by the high volume of buyers despite the millons of shares being dumped - again over a million today. Those buyers now are getting this stock at a gift price and will do well when the selling wave abates soon.
This selling wave should end soon and we will get the news and reports that will push this stock up to where it is valued by its assets and bright prospects. I am quite looking forward to that!