Silly Selling Once again we get a little upward pressure, obviously too much of a good thing for some people, and what happens? Instead of letting their offers get taken out, some folks just have to sell into the bids.
Time and again we've seen this, buyers who are prepared to chase it higher, only to be taught that the new price they were willing to pay will be undercut by people who are either malicious in their selling or just don't understand the concept of a rising market and the increased profits it can bring.
If this is caused by traders who are helping to cause and then break the momentum for their own interests then, just once, I would love to see buyers break the cycle by buying it higher and forcing traders, who sold in an effort to hold it down, would themselves have to buy at higher prices and contribute to some momentum for a change.
The recent buying is mostly from the USA where our story may finally be getting some traction, even without news. As stated in the MD&A, Bioasis is moving ahead on many fronts. These efforts are being expended in the pursuit of specific objectives, some publicly discussed, some not so much. When serious, highly capable people pursue serious objectives, serious results should not surprise anybody. Expect results from these efforts.
jdstox