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Bullboard - Stock Discussion Forum Woulfe Mining Corp WFEMF

Woulfe Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration and development of mineral properties.

GREY:WFEMF - Post Discussion

Woulfe Mining Corp > Depth/Level II Ask is thin for Woulfe Mining Corp WFEMF, WOF
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Post by StockExpertPro on Sep 08, 2014 4:30pm

Depth/Level II Ask is thin for Woulfe Mining Corp WFEMF, WOF

A noteworthy observation regarding the level 2 ask. Woulfe is very thin all the way up to $1.24+ price per share. I'm assuming that Woulfe Mining's stock price will have no problem climbing up to $1.25 price per share or higher if the business deal with IMC is finalized and followed up with full scale production.

https://www.stockhouse.com/companies/level2/c.wof/woulfe-mining-corp



Comment by ahrg on Sep 10, 2014 4:51am
I've noticed a lot of the selling at these low prices has been done by the same brokerage. I've been keeping an eye on the CNSX website "last five trades" during so I may be mistaken... I'm guessing the shares issued for settlement of debt a few months ago should now be out of the 4 month hold restriction now, so some of these low sell orders could originate from this? Or ...more  
Comment by Markidesad on Sep 10, 2014 1:21pm
I believe that at these prices, one will hope, that if the SP goes over the 0.10 for a couple of days, some will sell at these ridiculess prices saying "Better this than Nothing". But maybe that's their goal, knock the SP down, release some pressure and wait for the fish to bite. I won't. Guess I'll stick to my stock ( strange phrase isn't it ? )
Comment by GaiusGermanicus on Sep 10, 2014 5:44pm
I've got orders in at various prices for around 23k shares and if those execute I'll consider adding more.  Remember, the stock price is relevant to the value of a company only when the company is being actively traded.  This "a block here a block there" trading is low volume and means NOTHING. Because the company is being so close mouthed it introduces FUD, Fear ...more  
Comment by GaiusGermanicus on Sep 10, 2014 5:37pm
At least on WFEMF most of the market sellers have been small retail shorts, the market makers however seem to be slowly lowering the bid and ask with their dominate positions, giving a chance to either pick up a few shares before they move it back up, or dump some to get them to move it down, in either case no large shareholder could sell or buy any signfiicant amount of stock without, at least at ...more  
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