TSXV:CVI.P - Post by User
Post by
alf15on Jul 26, 2005 11:21am
201 Views
Post# 9322024
Silence
SilenceI guess we can expect silence on the board if there is no news. I wish I could interpret all the oil and gas figures that have been thrown at us over the last few months.Looking at the overall situation it is impressive how Calvalley does sustain its price on a day to day basis. Lets face it Calvalley is not a blue chip stock.
Trading volumes have been very low and there have been no high volume sales. Todays trades have a volume between 1 and 6,000 shares. The prce drop with this volume is not a concern. If this is any comfort we appear to be in bed with some very rich and informed investors
It is very reassuring to see that when this stock drops it is with low volume sales reflecting small investors playing the market to make a few bucks or small insecure neophytes unfortunately buying high and selling low. Each time the stock starts to move up with or without news we get the big high flyers hitting the scene. Once in they appear to stay.
Overall I feel the situation is very reassuring but good news is always appreciated to break the silence.
Cheers to all
Alf