TSXV:PEM.P - Post by User
Post by
prospector7on Jul 23, 2010 9:59am
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Post# 17291373
New Trend
New TrendFor many years when news came out you could be sure that a stock would get a good run up if the NR was good., in the last couple of years the market sells on news and the shorters play their game, because they make huge $$$$$$$.
It is no person or institution this is just the way the market trend is today, stop losses on a junior is a very risky business.
People are wearing a few hats these days the days of just holding a stock is over.
Before you paid 100s of $ for a trade so you held today you only pay say$7 , this has changed trading practices big time.
Remember this is the Venture market buyer beware, it is sure a lot better now than in the old VSE days.
From what I see the last 2 years people sell on news and take profit plain and simple. People will still take profit today is my guess. GLA go pem go