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IWG TECHNOLOGIES INC V.IWG

"IWG Technologies Inc through its subsidiary is engaged in developing, manufacturing and selling aircraft water treatment equipment, on-demand water heaters and water systems."


TSXV:IWG - Post by User

Comment by SolidFuelon Oct 21, 2015 5:09pm
95 Views
Post# 24213679

RE:Quietly moving up on volume

RE:Quietly moving up on volumeIt is true, IWG's share price has been slowly and quietly trending upwards for some time now.  Today it traded quite healthily for a while at $0.29/share until TD moved it down.

It is surprising that IWG's share price has been able to move up the way it has... in the face of relentless selling by TD during the past many months.

Since August 1st, TD has sold 1.8 million shares, representing over 50% of all of the shares traded during that period!  And by the way, 1.8 million shares is almost 5% of the issued and outstanding shares for IWG.

If you look at the market depth, you will see that virtually all of the stock that is on the offer (both the current price and all of the price points laddered up to $0.38 per share) are TD orders.
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