OTCPK:NOSOF - Post by User
Comment by
franzneumanon Jan 13, 2008 1:05am
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Post# 14194201
RE: snif~sni~ AAahhh.... I love the smell of....
RE: snif~sni~ AAahhh.... I love the smell of....I'm not sure why I remembered that post. I assume it's because I was familiar with you from the UNO board and that was the first time I saw you posting in this forum. I was a bit shocked by it because it struck me as very imprudent at the time.
The volume and price movement is not that anomalous, however. Two of my other holdings saw very similar action this week (ER and CMM). Both are on the TSXV and both are junior companies in the mining and exploration sectors.
As to what may happen going forward, you are misreading this stock based on what you've said. This stock did not fly up on frenzied retail buying. I've watched the entire episode on Level II very closely. Check the daily volumes on its big gains days. It was big money driving that price movement. Same thing on the way back down to some extent.