GREY:VAALF - Post by User
Comment by
B2moiston May 28, 2009 3:23pm
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Post# 16024546
RE: RE: RE: that 1 milliion + bid is back at 6 cen
RE: RE: RE: that 1 milliion + bid is back at 6 cenYou guys are hilarious with your daytrading mentality of why bids go in and out. Who cares really. Some people throw out iceberg bids in order get a feel for the bids and asks when the trading has slowed.
REMEMBER - these trades of $5K to $40K are still quite small. Sure there is support, but dont read anything else into this stock. The jump before the news came out is because of a leak to major investors, not Joe Shmoe. Trying to guess the next move is not really practical. Either this stock will double or triple in 3-6 months on resumption of operations or validation of diamond grades OR it will simply sit here now at 6cents for a while. There is no such thing as trend lines or chart-looks-good analysis. Simply invest for the long haul or stay out. Pretty simple really.
I have 100,000 shares just going along for the ride.