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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Post by Trollhammeron Jul 27, 2009 12:03pm
241 Views
Post# 16168562

Apparent accumulation

Apparent accumulationI've been watching this stock very closely. Particularly the bids and the asks and the volume.

After much observation it appears to me that some entity is trying to buy as much stock as possible while NOT chasing the price higher. They hang down there with low bids and wait for discouraged holders to throw away their shares dirt cheap.

They then ratchet their bid price down further still and hope that more selling will commence at even lower prices.

We've been left hanging for a couple of months now. It is a small wonder that the selling has not been even worse.

People with little or no information have likely become very discouraged. This hasn't been much fun lately.

Making fortunes has probably never been easy. If any of us gets rich on this stock it'll likely be because we have endured a great deal ups and downs, stresses and disappointments along the way.

My gut (and some due dilligence) tells me NOT to sell my shares. This company and their various land packages are NO JOKE.

Take care.







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