RE: how about no reason?Hero david, you say;
"my point is that sometimes people wanna buy shares all at the same time for different reasons and that we shouldnt waste time trying to figure out why."
You may very well be correct, but I beg to differ. For me, I have wasted no time to day, on the contrary, this extra searching and scrutinizing the trading has led me to an enjoyable conclusion.
The fact that the asks were bought all day without hesitation tells a tale. The fact that the stock closed up 25% today without news ,warrants Sonomax to make a NR according to tsx-v regulations. This nr in turn will generate new interest which should bode favourably for the sp, this is indirectly another form of promotion for our company and their products.
I first found this company about a year ago on a trading day similar to today, except there was news that particular day.The point here is that, it caught my attention and made me do quick dd, I jumped in, but later found out that I was too early, about 10 months too early.
Now, since no news came yet since close, maybe we get some before open or during the day tomorrow. If not, we know we have one coming for sure, the explanation of todays trading.