Vaaldiam Mining Inc VAALF

that 1 milliion + bid is back at 6 cents

[coty1940]

level 2 looking good right now until the asks hit 8.5 cents

[coty1940]

sorry for posting twice....I was having problems with my browser. That huge bid is actually for 1,300,000 shares.

[B2moist]

To put things in perspective though,    1.3M shares is only $78,000.The massive 10M share trade days are still only $600 - 800K.The downside is small, with huge upsided.  Hence people willing to pay pennies for this stock.  For this stock to get back to 50 cents would mean a market cap of $125 million.  Is that possible? Certainly not as it stands today with the

[atrickpay]

coty: I'm looking at level 2. I don't see a bid for 1.3M. What price is it for? And it it a buy or sell?

[atrickpay]

Coty: nm. I see your original post. Bid of 6 cents for 1 million. Like I said, it's no longer there now...I wonder if it got filled or if the guy cancelled it?

[sleeperzh]

maybe someone holding it are selling at 6 cents just to get a low price to buy more

[B2moist]

You guys are hilarious with your daytrading mentality of why bids go in and out.  Who cares really.  Some people throw out iceberg bids in order get a feel for the bids and asks when the trading has slowed.REMEMBER - these trades of $5K to $40K are still quite small.  Sure there is support, but dont read anything else into this stock.  The jump before the news came out is

[hotinfo]

i noticed you just started posted today as a member - under this name anyhow. Anyways its true, day players come out with charts, diagrams, etc. but it has nothing to do with where the share is really going.    I also find it hilarious when they say that there is lets say 5 bids and then the stock goes from .05 to $3.00. The sellers just put a high price hoping someone puts bids in