TSXV:FCO.H - Post by User
Post by
Scorpio2on Mar 28, 2017 3:55pm
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Post# 26042477
Big Asks Dampening Upward Price Action
Big Asks Dampening Upward Price ActionI see day in day out huge supply showing up on the asks. I can't believe this is just investors selling who got in at a low price. Could this be hangover from the earlier financing where firms are selling the shares but keeping a warrant? Not sure what the terms were there or hold period. Or is someone putting up a big wall and scooping up shares for a later takeout. Got to be something going on.