OTCPK:JENGQ - Post by User
Comment by
truestaron Sep 19, 2014 6:47pm
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Post# 22954203
RE:re shakeout
RE:re shakeoutIt's possible that there is a run for cover but if so, 2 million shares late is hardly a run with 150 mln shares outstanding and over half by insiders or pseudo insiders. There were many stocks that sold millions in the last 2 hours today as the whole TSX was running for cover. The shorts were a good part of it, and fear the other part.
Down volumes were massive overall as electronic triggering could play a big part in certain ETFs which would start a snowball effect. Much worse in the precious metals market today - look at OGC - tanked 10% in the last 15 minutes with over 2 mln shares - these are buying ops not for the faint hearted