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Bullboard - Stock Discussion Forum Voltalia Ord Shs VLTAF

Voltalia SA is a France-based holding company engaged in the renewable utilities sector. It designs, develops and operates electric power stations in numerous countries, such as France, French Guyana, Brazil, Greece and Morocco. The Company generates electricity using a variety of renewable energy sources. These include wind, water, biomass and solar power. In addition, Voltalia SA specializes... see more

PINL:VLTAF - Post Discussion

Voltalia Ord Shs > What the F was that at the close???!?!
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Post by Mick16 on May 30, 2012 4:01pm

What the F was that at the close???!?!

Looked like Robosells or sth, but why would anyone want to sell down to that level when POG is up at close???!!!!
Comment by Mick16 on May 30, 2012 4:12pm
I'm assuming someone wanted us to have a bad close, how else could we drop 7% on vol of 3k??
Comment by canagold on May 30, 2012 4:12pm
Computer trading and trying VERY VERY hard to shake that tree, notice that VTR is being held VERY tightly right now, the volume is very low, no real sellers or buyers. That close means nothing, it will snap back higher tomorrow. Think of it this way, if you're fund or MM and you've already miss the boat you'll do whatever and I mean whatever you can to use the lack of liqudity to your ...more  
Comment by Mick16 on May 30, 2012 4:16pm
Cheers Canagold, do you mean by selling to yourself??  I'm not following exactly what you're saying :(
Comment by ALLEN4 on May 30, 2012 6:01pm
I agree that the low volume today is such that you can draw very little meaning from the price change.  I do not necessarily buy the manipulation idea though because the price action has two parts to the equation.  Yes there were app. $150,000 shares sold today, and the same number of shares of course were purchased.   And yes someone sold some shares toward the end of the day ...more  
Comment by ALLEN4 on May 30, 2012 6:02pm
Did I say South Africa?? The market is making me dizzy, West Africa is where we are I believe.
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