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Pacific Wildcat Resources Corp PWCRF

Pacific Wildcat Resources Corp is engaged in the acquisition and development of mineral properties located in Africa. The company's projects are Marima Hill Project which is a world-class Niobium and Rare Earth Resource located in Kenya, and Muiane Project is located in Mozambique.


GREY:PWCRF - Post by User

Post by milliondollaron May 05, 2011 4:02pm
323 Views
Post# 18536617

PAW down 11% today on NEWS

PAW down 11% today on NEWSWithout the news release, PAW may have breached the buck level.  Lots and lots of dumping taking place with the PAW today.  My bid is in at 85 cents but I think I will lower it since the MD looks awful and tomorrow morning PAW may have a huge gap down and open near a buck.  7 million shares of free trading is a very large amount of stock for PAW to absorb.  Even if only 3 million is sold starting today, it will take a week to suck it up and the stock may soften to my bid price og 85 cents!!  Ugly day all around

This post is all in my opinion

Large sell orders on the MD:

Bid
Broker Shares       Price
19 Desjardins 1,000 1.11
2 RBC 10,000 1.10
7 TD Sec 1,000 1.10
67 Northern 10,000 1.09
1 Anonymous 7,000 1.08
9 BMO Nesbitt 2,800 1.07
7 TD Sec 2,000 1.06
7 TD Sec 5,000 1.06
7 TD Sec 4,000 1.04
7 TD Sec 1,000 1.03
Ask
Price Shares Broker
1.12 1,100 1 Anonymous
1.14 500 1 Anonymous
1.15 800 46 Macquarie
1.16 10,000 85 Scotia
1.17 30,000 2 RBC
1.18 1,000 85 Scotia
1.19 2,000 7 TD Sec
1.20 3,000 7 TD Sec
1.21 2,500 7 TD Sec
1.24 5,000 7 TD Sec
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