Voltalia Ord Shs VLTAF

THE HARDER THE FALL, THE GREATER THE BOUNCE

[banx]

Another tough week for Resource stocks.

Volta slipped 4.5 cents a share and lost $7 million in value.

The large drop in the POG aided and abetted the downward descent.

All investors in Volta can agree on one thing: The greater the fall in the share price, the greater the upside gain when the current cycle reverses itself.

IMO, the buyers at these levels have a lot to look forward to.

 

 

 

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
79 CIBC	424,256	140,842	0.332	263,000	89,330	0.34	161,256	-51,512
13 Instinet	181,804	59,281	0.326	45,000	14,384	0.32	136,804	-44,897
80 National Bank	173,000	57,120	0.33	50,000	15,848	0.317	123,000	-41,272
19 Desjardins	58,750	19,323	0.329	400	120	0.30	58,350	-19,203
46 Macquarie	53,000	18,114	0.342	0			53,000	-18,114
29 Casimir	121,000	40,758	0.337	77,000	24,830	0.322	44,000	-15,928
124 Questrade	39,200	12,492	0.319	0			39,200	-12,492
33 Canaccord	58,450	19,754	0.338	37,500	13,330	0.355	20,950	-6,424
15 UBS	21,000	7,321	0.349	2,000	770	0.385	19,000	-6,551
7 TD Sec	491,300	161,767	0.329	478,130	164,125	0.343	13,170	2,358
22 Fidelity	12,000	4,140	0.345	0			12,000	-4,140
9 BMO Nesbitt	254,000	81,280	0.32	242,600	78,612	0.324	11,400	-2,668
88 Credential	8,200	2,908	0.355	0			8,200	-2,908
83 Mackie	5,000	1,575	0.315	0			5,000	-1,575
90 Barclays	4,500	1,417	0.315	0			4,500	-1,417
39 Merrill Lynch	21,500	6,957	0.324	17,000	5,418	0.319	4,500	-1,539
85 Scotia	125,100	42,003	0.336	121,403	37,716	0.311	3,697	-4,287
36 Latimer	1,250	412	0.33	0			1,250	-412
82 Stifel Nicholas	9,815	3,047	0.31	8,660	2,820	0.326	1,155	-227
57 Interactive	1,150	368	0.32	112	35	0.313	1,038	-333
99 Jitney	25,000	8,714	0.349	24,500	8,222	0.336	500	-492
123 Citigroup	430	153	0.356	300	96	0.32	130	-57
121 Jennings	100,000	32,000	0.32	100,000	32,000	0.32	0	0
75 MGI	0			6,500	2,405	0.37	-6,500	2,405
65 Goldman	0			7,800	2,940	0.377	-7,800	2,940
62 Haywood	0			10,000	3,600	0.36	-10,000	3,600
2 RBC	226,100	71,612	0.317	260,700	85,165	0.327	-34,600	13,553
14 ITG	0			50,500	16,001	0.317	-50,500	16,001
1 Anonymous	351,500	115,217	0.328	591,500	193,811	0.328	-240,000	78,594
59 PI	100,000	31,500	0.315	472,700	148,497	0.314	-372,700	116,997
TOTAL	2,867,305	940,075	0.328	2,867,305	940,075	0.328	0	0

[ALLEN4]

Not always true, but I believe the thought will apply at least in the case of Volta.  I think the entire sector is about ready to turn around one should not quibble about two or three cents here or there;  Here is a link to an article from Clive Maund published today.  I like it because about a week or two ago he published an extremely bearish article on the POG and gold stocks

[abc523]

Allen I must say I agree with the large majority of your analysis, including this most recent post. Volta seems to move lockstep with gold which is at almost peak bearishness levels it seems.   Here is a link to Volta and Nugget overlayed: The relationship appears to be almost perfect. https://www.google.com/finance?q=NUGT&ei=skErUaCNBu7I0AHndA This is an EXCELLENT obsevation allen