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Claude Res Inc CLGRF

"Claude Resources Inc is engaged in the acquisition, exploration, and development of gold and other precious metal properties. Its projects include Seabee Property and various exploration properties located at Laonil Lake. It also owns Amisk Gold Property."


GREY:CLGRF - Post by User

Bullboard Posts
Post by Goldfingerron Dec 06, 2003 2:11am
139 Views
Post# 6748298

RE: who's the gomer selling ... sheesh

RE: who's the gomer selling ... sheeshIt's called running the stops. Traders set automatic sell prices to protect profits or cut loses. Savy traders get information about stop loss set points from insiders. They then apply downward pressure and wait for the cascading effect when the stop loss programs start dumping stock. After it starts they just wait for it to run its course and then buy at fire sale prices. Gomer prolley didn't even know he was selling.
Bullboard Posts