TSXV:BTI.H - Post by User
Post by
currency24on Mar 06, 2015 11:53am
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Post# 23497590
SPECULATION? RUMORS? WHISPERS? VOLUME?SELLER?
SPECULATION? RUMORS? WHISPERS? VOLUME?SELLER?Noted much specualtion, rumors, whispers and etc. from a number of posters on the supposed "NEWS" that is coming? Appears not a sceret? too many posters know something? or perhaps Hope?
Sorry to say this stock is not acting like you usually see before big news, especially in the Junior MKT and Pluse there is the SELLER(s) that keep showing up when the stock moves above $1.15 - As noted perahps flippers are also reloading when the stock gets down to the $1.10 area or so, quick 4 to 10 cents or more a flip, refer to history of this stock.
The Volume is not there.
Then you have the General MKTS to contend with, on a MKT SELLOFF, no matter how good the news is the move will be limited and Sellers will be out in force, based on MKT history.
I noted that BTI will test 74 cents at some point znd if it does suggest 74 cents will not hold and stock will move lower.
Yes, I am a Bear not just on BTI but most Junior and larger stocks, for the MKTS will retest the 2008/9 lows, in the future. the you will see a Liquidity issue amongst many stocks especially the juniors and speculative equities.
All the above in my humble opinion an dbased on MKTS, MKT History and Stock history.