TSXV:BTI.H - Post by User
Post by
currency24on Mar 03, 2015 10:01pm
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Post# 23486791
SELLER(S) CONTINUE MORE SELLING??? To COME???
SELLER(S) CONTINUE MORE SELLING??? To COME???As I have noted in my past two or three posts, you can see, whoever the Sellers) is/are, they continue their selling once the price crosses the $1.15 area or a bit higher.
Suggest this is not a flipper but a party or parties who seem to have a larger position and are selling when the stock pops above the $1.15 or so. Refer to the history.
Question now that the stock is around $1.11? will they continue or cease until the stock pops above the $1.15 area again? Perhaps We shall find out tomorrow? If the selling continues then I can see a push down below $1.05. I can see this stock headed back to .74 area, which is not going to please many on this BB.
Perhaps a few flippers will reload in this area and flip the stock if it moves back up above $1.15 for a quick capture of a few cents???
Now if the stock does have positive news that would be a positive and then this stock can move above the $1.30 area?? But, I suspect whoever is selling feels any positive news is not going to come soon??? just a guess.
All the above in my humble opinion and based on the MKTS/Public info/trading