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Southern Arc Minerals Inc V.SA.H

Alternate Symbol(s):  SARMF

Southern Arc Minerals Inc. is a Canada-based investment vehicle considering potential opportunities in all industries. The Company has not generated revenue from its operations.


TSXV:SA.H - Post by User

Bullboard Posts
Post by Vestedintereston Aug 02, 2007 11:18am
255 Views
Post# 13191362

Observations

ObservationsThis anonymous fellow is clearly holding the price down, as yesterday. Every time the buying pressure builds, he continues to sell at or near 1.50. If he was interested in profit, he would pull his asks and allow the SP to do its thing i.e. go higher than 1.50 on the great news we've received. Others who wish to sell smaller numbers of shares then place their asks before the 1.50 wall and the SP remains stuck in the 1.40-1.50 range. If the asks fall to the lower 1.40s you will probably see him buy again. It's maddening to observe this nonsense and watch everyone being manipulated by this daytrader.
Bullboard Posts