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Bullboard - Stock Discussion Forum Veresen Inc. T.VSN.DB.B

TSX:VSN.DB.B - Post Discussion

Veresen Inc. > Whoever is selling here
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Post by chrispars24 on Apr 14, 2016 12:26pm

Whoever is selling here

Whoever is selling here must be either a trading algo gone whacko, or a short seller desperately holding below 9 dollars. There is a rising channel on daily chart and the lower range is still rising,, taking large volume last week, and on monthly chart there is an ascending triangle... like I said, this should trade lock step with TSX chart, and should be over 10 dollars now. there was desperation when the stock price opened over 9 dollars before and was HAMMERED back down under. I hope we see a short squeeze.... or the Canaccord seller wiped out here soon..... makes no sense when if you were long you would dump millions of shares here, when you could sell at the upper end of the rising channel around 10 dollars and higher....
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