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Bullboard - Stock Discussion Forum Vaaldiam Mining Inc VAALF

GREY:VAALF - Post Discussion

Vaaldiam Mining Inc > Looks like Mr. CanAccord is finally finished selli
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Post by atrickpay on Jul 10, 2009 10:00am

Looks like Mr. CanAccord is finally finished selli

He sold a boatload this morning at 3c. And he's now no longer on the Ask. It looks like he is done.
With him gone all his downward pressure caused by his mass selling is also gone.

Also, I just noticed that there is really good support at 2.5c. 3.15M bid.  So, that's good for us who are long.
Comment by Obidiah on Jul 10, 2009 12:12pm
Still a boatload of shares at .035 to go through. 13 orders, 2.5m shares.  Could anybody be making money selling at these levels?  A pre BK rush to the door perhaps?
Comment by kitty7 on Jul 12, 2009 6:43am
sounds like a stupid question but am new to this so bear with me.... are these guys likely to start up again any time soon, the money they got recently can't last forever!!!!
Comment by bfinley on Jul 12, 2009 1:13pm
I don't think there is a problem with the current price or the volume of the Ask. VAA has been trading in the millions lately, so it has been done, and also, there are the same or more shares on the Bid side actually, so it's not like someone wants to sell 2.5 million shares, and nobody is looking for any shares. Also, the 2 million or so that sold Friday, the first 2 million (the bulk of ...more  
Comment by atrickpay on Jul 13, 2009 3:04pm
Ya, some moron from TD-SEC is selling 1.5M shares. If he's trying to get rid of them why would he sell such a big amount all at once? It's stupid--it scares off buyers.
Comment by trendisafriend on Jul 13, 2009 6:40pm
Well, maybe TD guy knows more than you about the workings of the company. Looks like a time to just be patient, and perhaps buy a little, but wait for more  clarity. As there is a lot of willing sellers here.
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