Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Vaaldiam Mining Inc VAALF



GREY:VAALF - Post by User

Bullboard Posts
Comment by NORSASKon Feb 20, 2008 9:07pm
144 Views
Post# 14517482

RE: .45 hit low again . ..

RE: .45 hit low again . ..There was significant buying and selling by houses that are normally institutional. Since Feb 1, Research Cap is the largest by far selling 651,691 shares (the last 691 shares were interesting - i will watch trading over next while to draw conclusion). We can't comment on anon because we don't know. They sold net 214,000 shares. TD almost bought as many shares as they sold. I suspect them of being the float manager. a few Reasonable reasons for Research Cap's dump could be: (1) they have decided that Gold stock or Natural Gas, the next trend (or something else) is the place to be, bigger potential returns, and not diamonds, especially if they believe recession will be nasty; (2) could have nasty margin call on another stock and sells the stock he thinks will gain the least; (3) may have a divorce going and have no choice, or starting a business, and needs cash now. I have noticed on a few other of the stocks that i follow Research Cap has been selling at an all time low price ie. never traded in that range before or near the bottom. And then I have seen Research Cap do buying and selling that is amateur at best, almost as if there job was a support role for a share price objective as opposed to a trading "make money" role. The more interesting thing is when Research cap started to sell. It was Feb 5th. They sold 230,000 shares that day. First National got filled 72,000 shares @ .57. Then TD got hit at 52 cents over and over. The next day the iceberg was tested and the iceberg ask was still there. So would you pay regular price or would you want to pay sale price? Down to 45 cents. 293,191 shares sold by RC today. Now this could all have been orchestrated as well for other reasons; this is the land of juniors after all. But i don't want to ruin a good thing possibly so I'll leave it at that. In short, the Marrone factor is a huge reason I'm still a shareholder of a diamond play with a recession looming or present.
Bullboard Posts