TSXV:VER.H - Post by User
Post by
herbaciouson Nov 11, 2011 11:56am
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Post# 19230021
RE RE SP PRICE BEING PUSHED DOWN
RE RE SP PRICE BEING PUSHED DOWNMY THEORY IS THAT WHAT YOU ARE SEEING, TREMENDOUS CHURNING IN THE LAST WHILE DUE TO THE GUYS THAT BOUGHT INTO THE PP, ARE TAKING THEIR PROFITS TO OFF SET THEIR LOSSES, SO IF YOU WERE ONE OF THOSE PEOPLE, AND LOST MONEY IN THE LAST SIX MONTHS, YOU WOULD SELL VRS TAKE THE PROFIT AND THE LOSS ON ANOTHER OR OTHERS, AND NOT PAY CAPITAL GAINS TAX.
UNTIL THE END OF DECEMBER THIS WILL GO ON, AFTER THAT LOOK OUT, THOSE SELLARS WILL B E GONE, AND MORE EUROPEON BUYING AND USA WILL KICK IN, AND UPWARDS WE WILL GO!
IF YOU NOTICE, THE VOLUMES ARE SMALLER EACH WEEK, UNLESS THERE IS A NEWS RELEASE, AND THE DAY TRADERS FLOCK IN, AS CHRISTMAS APPROACHES I THINK THAT SHARES WILL BE MORE DIFFICULT TO ACQUIRE IN THIS RANGE!
DO YOUR OWN DUE DILIGENCE
HERB