PINL:VLTAF - Post by User
Comment by
4x4on Sep 11, 2012 12:11pm
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Post# 20347559
RE: Everybody has Shares To Sell for .80
RE: Everybody has Shares To Sell for .80 I see the trading as good.....volume marginally higher than usual..(you could debate that comment) but if I was Merrill Lynch and bought a boat load in the .55-.60 range....a 20-25% profit seem ok to pare down your holdings...?? You could argue now those shares are in stronger hands...
Depth looks pretty good on the bid side and the ask side is thinning....( but as I said before that can obviously change very quickly)....the base is building for the push through .83-84 cents imo....
Bernanke could change everything just by talking on thursday, but I believe the upward gold trend is back and the so called "Prawn/shrimp" deposits will be attractive....lol....
tick tock...time will tell.....