GREY:WFEMF - Post by User
Comment by
GaiusGermanicuson Jan 25, 2014 12:06pm
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Post# 22133779
RE:RE:RE:RE:Vancouver Resource Investment Conference 2014
RE:RE:RE:RE:Vancouver Resource Investment Conference 2014 Anything that generates news generates interest, and anything that generates interest generates buyers, it's just the number of shares traded is the main indicator of interest, and a low volume stock that experiances sudden volume on news of even a neutral nature tends to go up in the short term.
Now, the volume that we're getting seems to go beyond that a bit. Normally you'd get an influx of buyers it might last a few days, and bump the volume during that period, usually trailing off with selling by many of the newcomers. If we DON'T see that next week then this rally is true. e.g. a far greater deal of interest on the part of newcomers and signs of real progress in the business plan.
I think investors that have previously avoided Woulfe as dead money until there's a hole in the ground and a place to put the contents are cautiously optimistic, and some may be using the current lower prices to average down prior to Februaries news, or lack thereof.
If Woulfe doesn't report material results before the end of next month, however, we could be seriously screwed because then all this renewed interest will turn to renewed dumping.
Disc : 326k shares @0.1276 $US DCA and holding with a lowball 24k buy order in the queue.