RE:RE:RE:Level 2 Data - May 7th 10:50am I couldn't agree more. It is facinating watching the Mkt depth as well as the Time and Sales chart with the brokerages listing what they are buying and selling. Just drives me crazy when someone can buy and sell as Anonymous. Usually at silly quantities like 500 or 1000 shares. Or to see Leede Jones Gable Inc perform 550 trades to net sell 47000 shares in the past month (Avg 535 shares per trade) -Why?? To entice the lemminings into selling their 2000 share portfolio for a couple cents profit?
More interesting to see Another house buy everyday and never sell a share buying 3-5000 per day but amassing 3.3 Million over the past two years. If I see them selling I will definitely take notice.
It's so fascinating to watch the bids and ask change throughout the day. It's pretty easy to see a big dip in price coming.....I typically add to my position during these dips. LME is working towards defining a 10 million oz gold deposit. Achieving that makes this. $35+ stock. Alternatively, being bought out by a larger player (in the $4 - $10 / share range) could also happen. Either way, I have a great deal of confidence in Cynthia and her team. Insiders own 72% of the shares and no one has been selling. They know the price will only increase as drill results are announced and they get closer to validating a 10 million oz deposit! [/quote]