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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by Suntraderon Oct 04, 2011 5:03pm
416 Views
Post# 19118603

Last hour

Last hourLooks to me like someone came in with some serious buying during the last hour. Looking at level 2 at the end there, all of the buy orders were for a minimum of 20,000 shares. The closing bid was for 49,800 shares for a single buyer !
When it was trading around the $1.10 - 1.12 mark there were lots of bids all for small amounts of shares, 100's or 1,000's which tends to indicate lots of day traders.
Lets hope they have caught a bunch of the day traders by surprise and swept them out of the way for a bit.
Tomorrow will be really interesting if the markets hold up alright overall. Maybe a few people will have got caught with their pants down selling short ?!
Time will tell
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