TSXV:NDVA.H - Post by User
Post by
Blurr4on Nov 27, 2013 11:37pm
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Post# 21948818
Somebody Knows
Somebody KnowsNot much to report other than a new view of LEVEL II Market Depth. A quick comparison with the one I posted a few days ago clearly shows interest flowing into this tiny play.
A few weeks ago RMG was trading at $.06 and today it closed at $.10. On a percentage basis, that's not a bad uptick..... Just in case others aren't aware, Rainmaker has 'about' 10 million outstanding shares. "In my opinion" those sizeable bids will continue to build and sit there as I don't see a lot of selling interest right now. WIth a paltry volume of available shares on the market investors are going to have to hit the ASK and chase this one if they want a position. I remember when the standing bid was $.07 and I was sitting there waiting and waiting.....I finally had to go after the shares I wanted as nobody was hitting my bid. Now there's almost 3/4 of a million shares bid at 7 cents or higher. Where did all those bids come from?
Why did they appear so quickly?
What do some know that others don't?
Why does the share price continue to move higher? Somebody knows :) | # Orders | Shares | Bid | Ask | Shares | # Orders |
| 2 | 65000 | 0.09 | 0.1 | 73000 | 3 |
| 5 | 294000 | 0.085 | 0.11 | 31000 | 1 |
| 5 | 206000 | 0.08 | 0.135 | 10000 | 1 |
| 2 | 54000 | 0.075 | 0.14 | 100000 | 2 |
| 4 | 140000 | 0.07 | 0.145 | 22000 | 1 |