Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
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

Privacy Policy | Disclaimer

Sign In

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

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
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

First Nickel Inc. FNKLF

Metals & Mining Industrial Metals & Minerals
"First Nickel Inc was incorporated as 2035666 Ontario Inc., under the laws of the Province of Ontario on November 12, 2003. The Company is a Canadian mining company focused on becoming a mid-tier base metal producer through the successful mining, exploration, development and acquisition of opportunities throughout North America."


GREY:FNKLF - Post by User

First Nickel Inc.
Bullboard Posts
User Avatar Image
(0)
•••
Comment by nickeltraderon Aug 10, 2010 1:20am
426 Views
Post# 17336294

RE: RE: RE: Who Ever

RE: RE: RE: Who EverThat's the heart of the problem. The market for this stock hasn't seen that kind of daily volume for a long time. The result of a market order would have been to drive the price into the ground for days at a time as he took every offer at lower and lower prices 'till finally unloading his entire position. The average volume for the last 3 months is just over half of his position size, meaning that it could have taken as many as two days to dump the whole thing and would have hit every single low-ball limit order along the way. Chances are, he was hoping for someone like you to take him out at predictable terms.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities