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Bullboard - Stock Discussion Forum Advanced Explorations Inc. ADEXF

"Advanced Explorations Inc is a development stage company. It is engaged in the acquisition, exploration and development of properties within the resource sector."

GREY:ADEXF - Post Discussion

Advanced Explorations Inc. > Interesting comment
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Post by behrhunter on Jun 27, 2012 9:56am

Interesting comment

That is an interesting comment RP...I have not noticed that type of trading on AXI for some time, but who knows?

You never know, if it happens, it might be fun to jump in while the music plays and pick up some trading profits before it stops...My concern here would be if it does start to rise quickly, lots of people may be selling and a person could get caught..   The markets are so rational///LOL

Comment by rpdeluca on Jun 27, 2012 10:54am
Unfortunately Behr, these markets are absolutely horrible.  I think I"m going to start putting my money under a mattress...uncertainty creates fear and fear leads to selling.  Geez look at LIM selling under $3.00.  I guess those that got out at $14.00 are smiling today and those that got in at even $7-$8 thought they were getting an absolute steal....I guess not...
Comment by Shlinker_ on Jun 27, 2012 7:25pm
Personally I think something is up, as selling has been the theme here. UBS is now unloading after accumulating. I know somebody knows something...thats apparent. I sold some of my position today. Ive seen this sort of behavior too often now. Cheers.
Comment by Oldguy on Jun 27, 2012 8:37pm
To fully appreciate a sell-off, think back to the dotcom bust. AXI has 151,945,153 shares issued. 27,165,296 shares (17.9%) are held by insiders, that includes XinXing. That means that 124,779,857 are widely held. Today 184,000 shares traded or 0.148% of the total held by non-insiders. Should we be concerned that 0.148% of the 124,779,857 shares traded today. Does this indicate a trend ...more  
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