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Bowood Energy Inc V.BWD



TSXV:BWD - Post by User

Comment by 403xyz1on Oct 28, 2011 7:56pm
275 Views
Post# 19191754

RE: RE: RE: RE: RE: I was right it seems...anyone

RE: RE: RE: RE: RE: I was right it seems...anyoneConspiracy theories are illogical in this situation. Far too many shares traded (over the last 5-9 trading days) for anyone to have kept the shares down intentionally. I think it's pretty simple. Some large shareholders "needed/wanted/had to?" to get off their positions and the buyers, who obviously know the story and the potential for BWD absorbed their selling at prices acceptable to them. all those trades were at the buyers prices!!! Once the sellers were finished, the pop was natural. If you think of it as a ballon being held under water, then you should know what happens next!!

I noticed the late selling today too. No fear, stock will go higher because BWD/LEG is a good team.
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