TSXV:PEC.H - Post by User
Post by
musky13on Jan 12, 2012 11:04am
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Post# 19396205
it wasn't part of my dd
it wasn't part of my dd or the reason i'm in but tdw has 3 analyst on the buy for pec with none on the sell ..
the stongs bids seem to come and go like they were drove by anticipation of a major news , you know , one big buyer shows up on the bid and the dance starts all over again runing it up to strong resistance either 12.5 , 13 or 13.5c , and yes it usualy happens in pm ..they then sell some either late before close or early am the next day to start over again . As usual in this type of behavior it takes fewer shares to bring it lower than it takes to
pop it back up a notch ..Accumulation indeed.
One morning , one afternoon that news will come out or leak out to change this patern .