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PharmaGap Inc V.GAP



TSXV:GAP - Post by User

Comment by Brightbulbon Jul 29, 2010 2:13pm
341 Views
Post# 17307675

RE: RE: maybe results are no so good.

RE: RE: maybe results are no so good.I would agree with nikker.

I don't want to be overly optimistic but.... although there is some resistance the number of shares for sale and even the volume of shares sold has not been that substantial. I suspect there were many who saw any news as a liquidity event so they could cash on and go elsewhere as there is in any stock.

Had there been a leak of bad news or good news I doubt we'd be sitting around 700K in volume.

What I think is interesting about this news as it relates to the market activity is it seems to have reinforced the support above .17 and, as in the past, has certainly not retreated with news. At least not yet.

BB
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