GREY:CRIUF - Post by User
Post by
deisman03on Sep 20, 2017 4:22pm
92 Views
Post# 26722131
more volume than usual today
more volume than usual today More volume than usual today but price down??? Again, the last bids were at C$9.30 with some substantial orders. The reality is that very few units traded at the closing price. Maybe in the after hours market????
Ex distribution day is close so an increase in volume is to be expected, especially with tax balancing season coming up. Still, I did expect a positive day end price, especially with all of the positve hype this trust has been getting from the brokerages and analysts.
Some people tell me they are jumping into oil producers. WHY????? There is more oil coming on stream over the next year than ever before in history. Unless they have a big Middle East War, the glut will get worse and crude/NG prices will not rise and may even drop. Still, for astute investors that know how to play the momentum swings there is quick, easy money to be made.
GLTA the good people here.