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Bullboard - Stock Discussion Forum Pinestar Gold Inc. V.PNS

TSXV:PNS - Post Discussion

Pinestar Gold Inc. > Why the Drop?
View:
Post by ragman5 on May 10, 2011 11:30am

Why the Drop?

Whats going on here today?
Comment by WhiteFox on May 10, 2011 1:10pm
I don't have level 2, but it looked to me like a small (approx. 40,000) sell order at market. Perhaps someone needs the cash? Baman may have the answer. The price dropped like a rock and has been clawing its way back ever since. Price per share now down only 2 cents on the day. I'm more interested in whether we will see some trading take place right before close today.
Comment by baman on May 11, 2011 8:25am
Now I am not feeling quite as confident,as the saying goes,'' no news means bad news".The way this stock is acting this scenario may come to fruishion.I quess thats why they call it the venture exchange,
Comment by WhiteFox on May 11, 2011 11:16pm
I trust the news is on its way and am okay with it being late. As much as I'm looking forward to the first set of assay results, I'm glad the release wasn't circulated today or last week during this correction in commodity prices. Small volume trades have caused the recent drop in price and today's bid versus ask stand-off gives me confidence that PNS isn't going to drop too ...more  
Comment by puma01 on May 20, 2011 12:59pm
And so it keeps on falling????
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