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Bullboard - Stock Discussion Forum First Star Resources Inc V.FS

TSXV:FS - Post Discussion

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Post by Chipshot2 on Feb 29, 2012 9:42am

Question

I have noticed for some time now some, what I would call, abnormal activity on the bid and ask of First Star. It seems that 5 minutes after the market opens we see 13000 share blocks entered on the first 2 levels of bids and asks on both the TSE and the ATS. Interestingly today we have a bid of $.025 and an ask of $.035 yet no bids or asks get entered at $.03. What is the role of these additional 13000 share entries? Why not enter a bid or ask of $.03?

 

Just wondering.

Chipshot2

Comment by Chipshot2 on Mar 01, 2012 11:46am
I know I am probably talking to myself at this point but just in case anyone is out there and might give a carp, the same thing happened today only this time the blocks were 7000 not 13000.   Now go back to not reading these notes and not caring about this flee bitten stock. And no, that isn't a spelling error, SH won't let me post certain words.    Chipshot2
Comment by goldenfitness on Mar 01, 2012 2:30pm
Chipshot2:  I do not believe you are talking to yourself, I am sure a number of people believe what you are saying.  The problem I see with the whole Venture Capital business is tooooo many non qualified people get involved because it is fairly easy to raise money and grab large monthly salary which they could never ever get from a regular job..
Comment by colt45acp on Mar 12, 2012 9:43am
The halt. Can't see it being good news. jmo.
Comment by Chipshot2 on Mar 12, 2012 11:00am
colt45asp...Bad news indeed. The stock is halted pending investigation of listing requirements. It was only a matter of time until this happened as the company has not been a "going concern" for some time now.   The only good news that can come from this is maybe a sense of urgency to get something done that can move the company forward.   Sad state of affairs. Chipshot2
Comment by Chipshot2 on Mar 12, 2012 11:29am
The stock does seem to be open for business on the Alpha Exchange....at least for the time being.   No trades for today but bids and asks are available.   Chipshot2
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