GREY:WFEMF - Post by User
Comment by
chizzleson Apr 24, 2014 9:36pm
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Post# 22489120
RE:RE:Right
RE:RE:RightHi Mercury. What you just pointed out about the low volume being a good thing makes sense, without the day traders on this exchange isn't necessarily a bad thing. The thing that bothers me about that is when (if) WOF progresses forward as we expect, who will be buying to drive up the stock if the CSE isn't followed? There are 350 000 000 shares to be sold out there. I doubt that there will be enough buyers to pick up the amount to be sold.
All that being said, I would expect a NR shortly. There hasn't been any news in over a month and the volume seems to be picking up a bit. Before today, the amount of shares of WOF traded in the last two days was about the same amount as the eleven trading days prior combined. Usually a good sign.
Good luck to all of us,
Chizzles