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Bullboard - Stock Discussion Forum Gold Canyon Resources Inc V.GCU

TSXV:GCU - Post Discussion

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Post by woundedknee on May 11, 2012 4:04pm

A lot

Lot of selling the last 30 minutes. All weak kneed panseys.
Comment by boyon on May 11, 2012 4:35pm
WK,  thanks I needed a good laugh on this Friday afternoon ! Cheers
Comment by diabase1 on May 11, 2012 5:04pm
Take a look at the TRR trading in the few hours of today. It looks like IMG may have a few brokers picking up shares for them. Some mining company may be doing the same thing with GCU right now. The selling took place in the last half hour. Does everybody know the definition of a jitney trade?
Comment by diabase1 on May 11, 2012 5:22pm
Boyon: you must be one of those shorters. Have a good weekend!
Comment by boyon on May 12, 2012 10:08am
No not short, I'm a growing long, a buy on dips type. This would not be a good stock to short in the sector as the current price under values the company and makes it an attractive buy out target, It is like there is a big sign on the door " Lots of gold, great location and cheap" The TRR situation will likely bring out other buyers interested in building future production,  ...more  
Comment by hawk_ on May 13, 2012 8:35am
  All we really witnessed was a classic 'paint the tape for the weekend' maneuver.   GCU traded steady at 1.50 until the last half hour when it was walked down, then blind-sided by TD(007), must be their turn.  By then retail had quit and probably pulled any low ball bids (like 1.38), however Fraser Mac(111) was lurking at 1.40 (no doubt their trader expected a few cheapies) ...more  
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