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WestFire Energy Ltd T.WFE



TSX:WFE - Post by User

Post by can1on Jul 31, 2012 11:21am
251 Views
Post# 20168951

Trap day

Trap day

it looks like today is a trap day. The volume showing on the TSE is deceiving, it appears an iceberg order is in affect at 4.77    We are seeing more volume thru other trading exchanges than the TSE.  This is common for an aquirer to sit on a price range to fill their requirement or to keep the stock price in line.   Its a good time for small investors to pick away at the iceberg at 4.77  Its intended to block small investors from driving the price up too fast. 

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