RE:RE:RE:Wonder How Mr. Deadlock......If you look at the trade log nearly 90k shares were sold at market by one seller at 7:41. This blasted the share price down to 35 cents and began shaking out weak hands.
By the end of the day the shares were back up to the price from the open.
If you have insight as to why that one seller hit the wrong button on his trading terminal, please inform us. If you have good information as to why he didn't maximize his return by selling over the course of the day, please let us know. If you don't have that information, then you are making investment decisions based on market action caused by a single trade.
The fact is we have no idea why that guy sold his shares. Maybe his kid crashed the family car into the garage and he needs to do a renovation. Maybe he has inside info. We just don't know.
If you let fear of the daily fluctuations of the market dictate your investment decisions you will not maximize profits. You should base your decisions on hard evidence. If the financing has blown up and LDS tanks you will be right by accident. Accidents don't lead to long term repeatable investment results.
And, LORDY, if you make investment decisions based on "rumours" then you have no hope in the long run.
Here's a rumour for you: The accounts at Canaccord have been debited, the paperwork is with LDS's lawyers, and the PP will close after the bell on Tuesday.
DerekVTX wrote: Ive been holding this since he first covered it. But Friday's volitility and rumors should leave any investor concerned.