TSXV:RBI.H - Post by User
Post by
ShellsRFun69on Jul 31, 2018 2:09pm
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... why would someone put up a wall at $0.025/share ...
... why would someone put up a wall at $0.025/share ...... if they really intended to sell the position. May as well telegraph the world that you want out!
This same thing happened before the shares were suspended. It happened the day the shares traded almost 10 million. Slow start ... big wall putbup and then all of a sudden huge buy orders came in and took the wall down. Momentum took over and stock traded asbhigh as $9.95/share before exchange halted the company pending an explanation for the increased market activity (higher volume and higher price).
Watching and waiting for the wall to come down! Or it could be there to spook potential buyers from buying ahead of an announcement?
Grasping at straws perhaps? Don’t listen to me though. I am a novice investor.
ShellsRFun69