Market Depth and ObservationsBid Ask
#Ord #Sh Price Price #Sh #Ord
2 7,500 0.40 0.42 500 1
2 17,000 0.39 0.44 5,000 1
1 5,000 0.38 0.45 10,000 4
2 11,000 0.36 0.46 4,500 1
1 30,000 0.35 0.47 2,500 1
It is interesting that there are many more shares on the bid than the ask. Prior to the Market order of 180K shares that pushed the price up to 50 cents, the shares for sale were in the range of 15,000 to 45,000 at every cent. Now we have the highest number for sale of only 10,000 and that is 4 people.
It seems as if those accumulating have changed tactics and seem to wait for weaker shareholders to put their shares up for sale and then they go in and buy them at the end of the day or anytime the ask hits 40 cents.
I wonder how long the games will continue???? I can't wait until substantial news is released. A $1 to $2 Erin share price would be a VERY nice X-mas present.
Keep up the good work Boston. Your previous posts showed that the Minister of Mining was out of the country and was not available to meet with Erin Ventures. I personally like to see what the political climate is in Yugoslavia. It is the country in which Erin has its sole asset that is worth anything and the reason why Erin Ventures was sitting at 9 cents and why it is not over $1 currently. That is the largest uncertainty with Erin right now and it is comforting to see that they are putting their money where their mouth is, so to speak. It is all VERY relevent to Erin Ventures.
Lamont