TSXV:FCO.H - Post by User
Post by
soultraveleron Jun 26, 2007 10:16pm
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Post# 13003383
One View of Recent Selloff
One View of Recent SelloffIf you can do it, its cheaper to purchase shares by causing a 10% or more temporary decline in the share price since it sets off the programed sell orders that cautious investors use to avoid major losses. Today over 1,000,000 shares were traded, and the closing price showed a recovery from the day's low. Big firms can cause these temporary price declines by selling shares from one fund to another fund. There ain't that many days left in June which is when the next big news should break.
Then again, someone may know more than I do, and they got out.
soultraveler