Voltalia Ord Shs VLTAF

Voltalia SA is a France-based holding company engaged in the renewable utilities sector. It designs, develops and operates electric power stations in numerous countries, such as France, French Guyana, Brazil, Greece and Morocco. The Company generates electricity using a variety of renewable energy sources. These include wind, water, biomass and solar power. In addition, Voltalia SA specializes in carbon credit trading activities. The Company operates several subsidiaries, including Anelia and Bio-Bar in France, Voltalia Guyane, SIG Kourou, SIG Mana and SIG Cacao in French Guyana, Voltalia Energia do Brasil in Brazil, Thegero in Greece and Alterrya Maroc in Morocco, among others. The Company is owned by Voltalia Investissement SA.

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Voltalia Ord Shs > VTR is ready to collapse

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Comment by VentureTrader1on Jun 28, 2012 11:55am

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Post# 20064196

RE: RE: VTR is ready to collapse

I know, the bid/ask is pure fiction - just market makers and institutions swapping shares with each other, killing time, trying to scalp pennies from each other and keep up some illusion of volume. I was required to sell a small quantity yesterday (unfortunately, and partly why I'm so bitter about VTR and the whole sector) and the bid was 3 lots at .62, and next I think at .60. I had asked .64 but it was near end-of-day and I couldn't wait so I dropped to .62 - the order was filled before I could get back to the position overview. So much for level 2 bids and asks...

I've seen it so many times, across so many different companies, here and on the US exchanges. I don't know why there are even regulators for the markets, just creates a false sense of security. Better for everybody if they new them for the midway carny games they are (although those games are probably more fair than the equity markets).

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