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Bullboard - Stock Discussion Forum Galway Resources Ltd V.GWY

TSXV:GWY - Post Discussion

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Post by fisherman8 on Mar 21, 2012 10:45am

Volume

I do not know what to take of the lack of volume recently? Not sure if this is good or bad. Generally low volume is a bad thing. Comments?
Comment by Red5Luke on Mar 21, 2012 10:50am
I am surprised too.  I thought the volume and share price would definitely ramp up the closer we got to the 43-101.  The only thing I can figure is anybody that wanted in has already picked up shares and now everybody is just holding their breath until the resource estimate. 
Comment by Dansul on Mar 21, 2012 11:37am
Agree, as everybody is just holding, only the day traders they are not committed to long term and some of those category never hold any share by 4:00PM buy and sell or if they hold it sell it 1st thing in the morning. It is kind of making their own money we can't blaime such category but for draging the SP down. However, I feel sorry for those committed and lost patience and sold scared. I ...more  
Comment by fisherman8 on Mar 25, 2012 9:05am
If there is a buy out offer coming, you would think volume would increase. If the crowd on this board truly believed a buyout was coming, they would be buying more at these low prices but this is not refected in volume. I added more last week. If Acer knows something, then surely other do as well and would be buying. This lack of volume thing bothers me.
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