OTCPK:WSRLF - Post by User
Comment by
Baxter4on Sep 30, 2010 11:15am
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Post# 17511888
RE: No News Is Not Good
RE: No News Is Not GoodI'm wondering if WZR is next in line for a Bear Raid like what happened to Vast yesterday. Vast was down almost 20% yesterday with something like 8 times normal volume on no news and now has already recovered a large portion of yesterdays loss.
The big traders can see where stop losses are set and then target all of these to help drive the price down. WZR could easily go down to the 20's if it were to happen. Stop losses on the venture exchange are a sure way to sell at a loss (or smaller gain for those who got in really low).