RE: Bids vs Asksyes I see that some one from SXS sold 350,000 shares for $8,750.00, on the 13 August 2013, must be getting divorced, insiders buy and sell for at lot of reasons!!
I also see that someone from Prophecy Platinum Corp. (NKL) sold 103,500 shares on the 13 August 2013 for $67,465.00 trading at $0.66, must have a new girlfriend.
You can read anything into an insider selling or buying, doom and gloom and pick up some cheap shares and everybody has an opinon,
It all comes down to whether bidders/buyers continue to buy, the oil is there, we are coming out of a resession, oil prices are floating around all time highs. The stock is showing a three day rally whetherit turns into a 4 or 5 day rally it is up to the current share holders and buyers.
Bottom line all Bidders work to undermine stocks they have bids in for, at the expense of the share holders.
P.S. If you already have shares, you want share price to rise, given your post you are a Bidder!!
Everyone has an opinion!!