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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Bullboard Posts
Post by ridethewave65on Jan 14, 2011 3:35pm
388 Views
Post# 17974732

Price Drop

Price DropAs I cannot see who is actually selling, I am only assuming. Couldn't we say that the current price drop is due to profit-taking.

The stock price did bounce quickly this week, then hit a ceilling just below 5.00$. Perhaps investors woke up this morning and assumed that it would be a good day to take some profits away and drive it down a little. Also, the big boys probably saw this as a good time to drive it down for a bigger buy session starting next week.

Any input on this?
Bullboard Posts