GREY:CLRYF - Post by User
Comment by
Veteran1on May 17, 2016 6:39pm
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Post# 24882983
RE:RE:RE:RE:Hold baby Hold!!!
RE:RE:RE:RE:Hold baby Hold!!!Ultimate, re the day traders for this stock is a good thing as it does add liquidty on the buy and the sell side and liquidity is key in keeping the trading ranges tigher and it doesnt always work in their favour....selling at .14 like the big seller from TD with his million share order didnt work as well when the price shoots to .18. as he left lots of profit off the table.
With the 1st quarter results coming in under 2 weeks along with the debenture vote anything can happen so playing up a penny or down can work but i think bigger profits to be had. With a stronger share price, there is a much bigger incentive for debentures to convert or added profit which would also be a plus on the company balance sheet,
Of interest Net buys for Anonymous are equal to about 40% of the trading volume on the TSX. So some institution(s) or bigger money is or has been buying.
GLTA