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Sage Gold Inc SGGDF

Sage Gold Inc engages in the exploration and development of mineral resource properties. It explores for gold, poly-metallic, nickel, and copper. Its primary properties include the Onaman property comprising the Lynx project and the Headway project in the Beardmore/Geraldton Gold Camp; and the Clavos gold project in Timmins.


GREY:SGGDF - Post by User

Bullboard Posts
Comment by bert2on Aug 14, 2009 1:47pm
222 Views
Post# 16219824

RE: RE: RE: RE: Wow

RE: RE: RE: RE: Wow

anon is is just a big smoke screen  I often see used to hold a stock price down  you wil generally see a matching buyer picking up the anon sale number plus a bit more as is the case today  


In other words someone is just moving stock from one account to another  which could even be with in the same house. If they do not use the anon  the house sticks out in the middel of the pack  with huge volume  on both buy and sell with little movement in and out of that house  .  It acts like a big shoch absorber on the stock efectively killing any momentum in its tracks  in the mean time they  pick up additional  shares at the depressed price  thes purchases could be with other houses  as well   

no reasion I can't have accounts with several diferent  houses .

The good news when  they back off   the sell side  of the board gets thin and up goes the price      


When the big boys decide it is time for it to go up it will. Stock prices move when some on decided to move it then  the rabble jumps in chasing it  past eh point of reason.      How many times have you seen a stock just pop for no reason  well that is the smart money making a buck becausethey are sell just when  the hype hits and the market and smucks and day traders are  buying   
  
Bullboard Posts