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Bullboard - Stock Discussion Forum Paramax Resources Ltd V.PXM

TSXV:PXM - Post Discussion

Paramax Resources Ltd > Added at 0.43
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Post by massEntropy on May 13, 2010 10:06am

Added at 0.43

Several days == Monday to me, so good news Monday!  
Buying on the dips.
Comment by husk16 on May 13, 2010 10:27am
I wonder if we will see volume pick up tomorrow or even late today in anticipation of a possible news release on monday?
Comment by StockBadBoy on May 14, 2010 8:10am
I am beginning to wonder a bit about the downward slide here. Early this morning there are already some big sells starting to appear on the board. I hope we don't slide into the .30 range, this will only bring more loose paper selling. Hopefully this isn't indicative of a broader situation where perhaps well #2 hasn't tested very well. One thing is for certain, the average investor is ...more  
Comment by husk16 on May 14, 2010 8:39am
I am surprised a bit by the number of shares sold at these levels as well.  PXM seems to be trading in line with BUK last few days.  No huge asks out there this morning there yet, so maybe it is just one person getting impatient (uninformed) or seeing a different opportunity.
Comment by raybay_98 on May 14, 2010 8:41am
Your correct that the average investor is the last to know, hopefully, it's the average investor who is selling, however, the behaviour of the stock buying in the last while suggests accumalation and this could be so especially since the PP sold out quickly suggesting a lot investors either dumped what they had since they couldn't get in the PP or it's just the present market climate ...more  
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