RE:RE:RE:RE:Bid/Ask
Royal10 wrote: On seller does'n make a stock! I just added to my positions, because this seller at $8.00 is not an insider ( they are more astute1). The market experienced lot of volatility last week and this can explain why somebody has to sell to balance its portofolio.
Yes it's highly unlikely to be an insider. They usually line up a buyer before hand. Throwing up a large ask like that is usually deliberate and the same goes the other way when it's on the bid to achieve a desired effect. You don't want to spook the market which is what has happened today. Nothing to worry about in my opinion. There is lots of gold out there on the Queensway property and they will find a lot more. The patient NFG investor will do well buying at current levels.