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Seafield Resources Ltd V.SFF



TSXV:SFF - Post by User

Bullboard Posts
Post by StockBadBoyon Aug 31, 2010 8:31am
427 Views
Post# 17398570

Yesterday's Action.

Yesterday's Action.There were certainly buyers around but I was also surprised at the number of sellers considering this has already churned over 70M share above this price and since this is just were they did the last private placement. It took 1.2M shares of buying to move the price basically a penny and a half. Where does all this stock come from? The big buyer was National Bank at 400,000 shares, whereas TD just bought and sold like a penny trader all day for 433,000 shares. Hopefully the trend continues and they manage to churn through the huge float in front of the price. Someone has said, just one good hole and prices in the low twenty cents range will be cheap. Keeping the fingers crossed, this is a tough game to play as we head to the 9th inning, tied 0-0, bases loaded, and SFF is at bat with the big property hitter. Good luck.
Bullboard Posts